15 JOHN STREET E, South Huron (Exeter)

$1,105,920

For sale: Other

Other at 15 JOHN STREET E, South Huron (Exeter)
Property type
Commercial Retail
MLS®
MLS® X13469440
Neighbourhood
Exeter

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.

Sold data

Homes in Exeter — recent sold market

Homes in Exeter took a median of 46 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 94, across 66 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.

The median sale price was $481,950.

Homes sold for about 4.5% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 35% of sellers reduced their price before finding a buyer.

Median days to sell
47
Median sale price
$481,950
Sale-to-list ratio
95.5%
Sold above asking
11%

Based on 66 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 15 JOHN STREET E