7 Metcalfe St E

Strathroy-Caradoc | | N7G 1N9
  • 0.32 sqft
  • 0 gar

$3,325,000

Est. Mtg $11,274 /mo
  • Days on market

    174

  • Status

    A

Listing Broker COLDWELL BANKER INTEGRITY REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

X8242342

Property type:
Commercial/Retail
Style:
Taxes:
$13,128
Possession:
60 days
Condo Fee:
Lot Size:
98.0 X 102.0
Zoning:
C1, COMMERCIAL
Use:
Retail Store Related
Heat:
Gas Forced Air Closd

Description


7 Metcalfe St E, , Strathroy-Caradoc, Ontario is a Commercial/Retail property in Strathroy-Caradoc and in the community in the N7G 1N9 postal code


Location! Location! Location! Busiest intersection in the growing Town of Strathroy. Fantastic opportunity to own property & business. Perfect as a family-run business, new immigrants or add this flagship gem to your portfolio. Put down a 25% deposit and take advantage of the interest only VTB of 75% @ 5.25% for 2 years. Currently under absentee ownership. Manager runs site. Ultramar Gas, ON the RUN store & Mr. Sub franchise. Newly re-opened site, New Fuel/brand contract. New Lotto. New ATM. New back office system. New Smart-Safe. Development completed July 2023. 1.5 HRS from GTA. Open 24 Hours. 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 $300K per annum. Options for the new owner: Convert the office back into an apartment, Get ready for beer sales by converting the area beside counter into a Cold Vault. Add apartments above existing building..

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..



Payment calculator

$12368 monthly. In association with: TD Bank
%
  • Principal and Interest
    11274 /mo
  • Property Taxes
    $1093 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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