$559,900
South Huron
437 Main Street, South Huron (Exeter), Ontario, N0M1S2
This retail property in South Huron is for sale offering roughly 2,200 sq ft of space.
Turnkey, fully leased mixed-use investment opportunity in the heart of downtown Exeter! Offering four income-producing units-including two commercial and two residential spaces-this well-maintained property delivers immediate cash flow, multiple revenue streams, and a solid return on investment. With all units fully rented, separately metered, and quality tenants already in place-including the Province of Ontario as one of the commercial tenants-this is an exceptional opportunity for investors seeking a stable, low-maintenance addition to their portfolio.The prominent main-level commercial storefront enjoys outstanding visibility on Main Street with excellent foot traffic. Currently operating as professional office space, it features wheelchair accessibility, exposed brick accents, and a 2-piece bathroom, making it attractive for a variety of commercial tenants.The lower residential unit offers 2 bedrooms, a spacious office area, a 3-piece bathroom, and updated laminate flooring throughout. At the rear of the building, the commercial shop provides a versatile workspace ideal for a tradesperson, contractor, or small business, adding another dependable income source.The upper apartment is a bright and spacious 3-bedroom, 2-bathroom unit with generous living space, abundant natural light, and modern updates throughout, making it highly desirable for long-term tenants.Located in the thriving community of Exeter, this is a rare opportunity to acquire a 100% occupied, income-producing asset in a prime downtown location. Whether you're expanding an established portfolio or purchasing your first commercial investment, 437 Main Street offers dependable cash flow, a strong tenant mix anchored by a provincial government tenant, and outstanding long-term investment potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 260 days on market, against an average age of 116 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in South Huron (Exeter) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $559,900, about 6.2× the local median household income of $91,000.
Carrying it typically needs a household income of about $109,368 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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