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$ 699,900
Est. payment | /mo
$ 699,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Exeter
MLS Listing ID X12230022
Annual Tax Amount $2,648
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Huron
Community Exeter
Area Huron
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 23.5
Lot Depth 165.0
Others
Security Features No
ParcelsYN No
Listed by COLDWELL BANKER DAWNFLIGHT REALTY BROKERAGE
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