Buy now to take advantage of the 2025 season! 16 room motel in growing community of Exeter, Ontario. Beautiful building with lots of parking and upswing with additional revenue streams. Known as the Ranch House Inn, this motel has little competition and a solid reputation over the past decades. The business is perfect for an owner/operator with a 3 bedroom, 3 washroom, spacious apartment on the top level. Grow your revenue by utilizing the 2484 sq ft banquet hall with kitchen by either repurposing the space or marketing to area where there is high demand. Additionally there is 2484 sq ft lower level space formerly used as a restaurant with potential for many uses. This package is perfect for the seasoned or budding entrepreneur. Exeter is located on busy Highway #4, 30 minutes north of London, 15 min East of Grand Bend, 40 min from Stratford and 2 hours West of the GTA. Exeter has most major amenities including schools, hospital, restaurants, grocery, and other major shopping hubs. Exeter and area hosts many major businesses, sports tournaments, and is a major hub for lake traffic in the warmer months. Turn-key sale, easy to manage with low operating costs.
Price
$1,699,000
Taxes:
$11254.48
Tax Type:
Unknow
Assessment Year:
2024
Occupancy:
Owner
Address:
414-420 MAIN ST S N/A , South Huron, N0M 1S2, Huron
Postal Code:
N0M 1S2
Province/State:
Huron
Legal Description:
PT LT 114 PL 376 EXETER; PT LT 115 PL 37
Directions/Cross Streets:
From London take Highway #4 to Exeter. Property on right side past James St.
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