7 Metcalfe St E

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

Ask: $3,325,000 $3,299,999

Est. Mtg $11,189 /mo
  • Days on market

    223

  • Status

    A

Listing Broker COLDWELL BANKER INTEGRITY REAL ESTATE INC.
Since listed: 1 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 Caradoc community in the N7G 1N9 postal code


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..



Payment calculator

$12283 monthly. In association with: TD Bank
%
  • Principal and Interest
    11189 /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

Gerry Crokidas, Realtor

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