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

1 Bathroom 0.324 ac
Fully Air Conditioned Forced Air

$3,299,999

Bring all offers. 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 22% 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 2.5 M litres. Pre-pandemic (2019) store sales of $1.5 M, currently $700K - Mr. Sub sales (2023)$300K per annum. Options for the new owner: Convert the office back into an apartment, . Add apartments above existing building. Lease out the Mr. Sub. **** EXTRAS **** Buyer to assume Mr. Sub franchise as part of the sale. Buyer to purchase store inventory. Additional information available upon signing confidentiality agreement. Buyer to assume on site equipment leases, if any. (id:53047)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number X8242342
Property Type Retail
Community Name Caradoc
AmenitiesNearBy Public Transit, Highway
ParkingSpaceTotal 8

Building

BathroomTotal 1
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 0.324 Ac
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Highway
SizeDepth 102 Ft
SizeFrontage 98 Ft
SizeIrregular 98 X 102 Ft ; 66x17x56x90x54x98x102
SizeTotalText 98 X 102 Ft ; 66x17x56x90x54x98x102
ZoningDescription C1, Commercial

https://www.realtor.ca/real-estate/26762815/7-metcalfe-street-e-strathroy-caradoc-caradoc-caradoc

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