$1,200,000
A well-maintained four-unit retail strip plaza in Exeter, offering two occupied units with established tenants and two vacant spaces ready for immediate occupancy an ideal opportunity for investors or owner-users looking to add value. The property has seen a series of meaningful capital improvements in recent years, reflecting a proactive ownership approach. In 2023, new gutters were installed, fencing around the dumpster enclosure was replaced, a mason inspection was completed with all identified deficiencies addressed, major potholes at the entrance were repaired, and a landscaping program was initiated to manage overgrowth. Most recently in 2025, the well was updated to current code, ensuring long-term compliance and reliability. The property is serviced by a two-tank septic system featuring a primary grease trap, efficient leach field, and two surface-level access covers. With stabilized income from two existing tenants, upside through lease-up of the vacant units, and a clear record of recent physical improvements, this plaza presents a straightforward value-add opportunity in a community retail setting. One tenant has a First Right of Refusal on a purchase offer.
1413593
MLS
250 South County Trail, Exeter
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