$1,105,920

About this property

Visit the REALTOR website for further information about this listing. Own it - stop paying rent. This landmark 10,240 sq.ft. brick-and-beam building in the heart of downtown Exeter offers a business owner the chance to build equity instead of a landlord's, with room to grow into for years. Flexible C4 Core Commercial zoning supports offices, retail, trades, personal services, hospitality, light manufacturing, and more. Have an established business? Ask about ownership financing built around your growth. Originally built in 1951 as the Jones-MacNaughton Seed Mill, the building retains authentic character - thick masonry walls, oversized timber construction, and original maple hardwood floors that can't be replicated today. It currently includes two finished loft-style apartments, approximately 3,000 sq.ft. of finished commercial space, and over 4,000 sq.ft. of additional shop, storage, or development space - main floor office/showroom and light manufacturing plus a 2-bedroom apartment; second floor a 3-bedroom apartment, assembly/workshop area, and further commercial space; third floor storage with rooftop deck potential. On a 6,050 sq.ft. lot, priced well below replacement cost. Currently vacant, available for immediate possession. Vendor take-back financing may be available to a qualified buyer. This building also suits an investor seeking income-producing potential or a developer pursuing adaptive reuse.

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