Discover a rare investment opportunity with this fully tenanted, five-unit mixed-use property, delivering strong and consistent cash flow. Properties with this level of financial performance are seldom available in Exeter, making it a compelling option for investors seeking stable returns.The main floor features a well-established commercial unit that has remained continuously leased for over 20 years. The ground-floor residential unit is occupied by a reliable long-term tenant, while the three upper-level residential units have been recently renovated. Updates include modern kitchens, refreshed bathrooms, new flooring, and fresh paint throughout.The property has seen significant capital improvements, including a new electrical system with separate hydro panels for each residential unit, updated plumbing, and new energy-efficient windows. A new digitally operated washer and dryer offer added convenience and value for tenants. Ample on-site parking is available at no extra cost.A newer membrane roof provides long-term peace of mind, ensuring low maintenance for years to come. Well-maintained and ready for immediate possession, this property offers an ideal investment with stable income and minimal upkeep.Contact us today for full financial details. (id:60297)
BusinessType | Retail and Wholesale |
BusinessSubType | Retail misc. |
MLS® Number | X12230022 |
Property Type | Retail |
Community Name | Exeter |
ParkingSpaceTotal | 4 |
CoolingType | Partially Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 4236 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 165 Ft |
SizeFrontage | 23 Ft ,6 In |
SizeIrregular | 23.5 X 165 Ft |
SizeTotalText | 23.5 X 165 Ft |
ZoningDescription | C4 |
https://www.realtor.ca/real-estate/28487672/382-main-street-s-south-huron-exeter-exeter
Contact us for more information
Pat O'rourke
Salesperson
Greg Dodds
Broker of Record
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