$1,200,000

About this home

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.

Property details

MLS #

1413593

Property type

Commercial

Subdivision

Next To Post Office

Status

Active

Days on market

10

On market date

May 27, 2026

Stories

1

Garage spaces

N/A

Lot size

1.23 acres

Nearby schools

Within 10 miles · public school directory data (NCES)