NewFor Sale

7 Metcalfe Street E
Strathroy-Caradoc, Middlesex, ON, N7G 1N9

Commercial Retail
TRREB
MLS® Number: X12173216
$2,675,000List Price
Commercial RetailProperty Type
0.324 acresSize
$13,127.52 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 7 Metcalfe Street E, Strathroy-Caradoc, ON N7G 1N9

0 Transactions by CPRB Agents

Top Agents in Strathroy-Caradoc

Description

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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$13,127.52 / 2024
Listing #:X12173216
Property Type:Commercial Retail
Building Age:31-50
Size:0.324 acres
Land Size:98 x 102
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:COLDWELL BANKER INTEGRITY REAL ESTATE INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:NE
Municipality:Middlesex

Building

Size:0.324 acres
Building Age:31-50

Inside

Bedrooms:0
Bathrooms:1
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm Available

Land

Cross Street:CARADOC ST.

$2,675,000

List price

7 Metcalfe Street E, Strathroy-Caradoc – Commercial Retail for sale