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:13843)
| MLS # | X12794690 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 254 |
| Listing Provided By | Coldwell Banker Dawnflight Realty, Brokerage | LEANNE COMEAU |
| SQ Feet | 2,200 |
|---|---|
| Zoning | C4 |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Baseboard heaters, Forced air, Natural gas |
| Appliances | Microwave |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3899.25 |
|---|
| Province | ON |
|---|---|
| City | South Huron (Exeter) |
| Postal Code | N0M1S2 |
| Listing VS Median (in N0M1S2) | |
Price: $559,900 low | high Med: $649,450 sqft: 2,200 low | high Med: 2,479 $ / sqft: $255 low | high Med: $310 On site: 254 low | high Med: 182.5 | |
| Province | ON |
|---|---|
| City | South Huron (Exeter) |
| Postal Code | N0M1S2 |
| Listing VS Median (in N0M1S2) | |
Price: $559,900 low | high Med: $649,450 sqft: 2,200 low | high Med: 2,479 $ / sqft: $255 low | high Med: $310 On site: 254 low | high Med: 182.5 | |