$999,900

280 Main Street S

Exeter ON, N0M 1S1

Description

An excellent investment opportunity with the Bank of Nova Scotia as the anchor tenant. Insurance brokerage occupied the other portion of the building for over 30 years. Prime location on the corner of Main St. and Gidley St. Building is in excellent condition. Insurance office board room and main private office have full window exposure from floor to ceiling at the rear. An excellent opportunity as seldom does a property with a financial institution as the anchor tenant come on the market. Contact listing agent for lease details. Over $69,000 Projected Net income. Tenants pay all taxes, insurance, repairs and maintenance. NOTE: THE SELLER WILL GUARANTEE THE RENT FOR THE VACANT SPACE WHICH THE INSURANCE BROKERAGE OCCUPIED FOR A PERIOD OF ONE YEAR AFTER COMPLETION AT $10.00 PER SQ. FT. TRIPLE NET. TO ALLOW A NEW OWNER TIME TO SECURE A TENANT FOR THAT SPACE.

Details

MLS#277296
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site91

Features

Units1
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Area Information
ProvinceON
CountyHuron
CityExeter
Postal CodeN0M 1S1
Area9 - South Huron
Listing VS Median (in N0M 1S1)
Price:
$999,900
low | high
Med:
$947,450
55.245524552455% of Average
On Site:
91
low | high
Med:
147.5
61.694915254237% of Average
Listing Updated: 10/28/2020
PAT O'ROURKE LogoMLS Number: 277296
Listing Provided By:
PAT O'ROURKE  of  COLDWELL BANKER ALL POINTS- FESTIVAL CITY REALTY LTD
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