7 Metcalfe Street E, Strathroy-Caradoc, Ontario N7G 1N9 (28366413)


LOADING

1 Bathroom
Fully Air Conditioned Forced Air

$2,675,000

Bring all offers. Price reduced. Deposit required reduced. Location! Location! Location! Busiest intersection in the growing Town of Strathroy. 15 minutes from London Ontario. Fantastic opportunity to own property & business. Tired of working for the man? Own your own multi million dollar business with low down payment. Perfect for a family-run business, new immigrants or add this flagship gem to your portfolio. Put down a $500K deposit and take advantage of the interest only mortgage of the balance @ 5.25% for 2 years. Ultramar Gas, ON the RUN store & Mr. Sub franchise. M&M freezer. Newly re-opened site, New Fuel/brand contract. New Lotto. New ATM. New back office system. New Smart-Safe. Beer and wine sales started Sept 2024. . 1.5 HRS from GTA. Open 24 Hours. Gas station built as new in 2018/2019, with new double tanks & piping, new dispensers, Veederoot (monitoring system). Clean Phase II environmental report, completed in June 2021. Pre-pandemic (2019) fuel sales of 4.1 M litres of diesel and gas sales, currently 2.7 M litres. Pre-pandemic (2019) store sales of $1.5 M, currently 8700K - Mr. Sub sales (2024)$183,500K per annum. Options for the new owner: Convert the office back into an apartment, . Add apartments above existing building. Lease out the Mr. Sub. (id:59911)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X12173216
Property Type Retail
Community Name NE
Amenities Near By Public Transit, Highway
Parking Space Total 8

Building

Bathroom Total 1
Age 31 To 50 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Highway
Size Depth 102 Ft
Size Frontage 98 Ft
Size Irregular 0.324
Size Total 0.324 Ac
Size Total Text 0.324 Ac
Zoning Description C1, Commercial

Interested in 7 Metcalfe Street E, Strathroy-Caradoc, Ontario N7G 1N9?

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Raj Bhal
Salesperson

(905) 338-8877

Coldwell Banker Integrity Real Estate Inc.
406 North Service R E #200
Oakville, Ontario L6H 5R2

(905) 338-8877
(905) 338-8879