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Home ON Greater London Strathroy-Caradoc
7 METCALFE STREET E
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7 METCALFE STREET E $2,675,000
$2,675,000
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7 METCALFE STREET E
Strathroy-Caradoc (NE), Ontario N7G1N9

MLS® Number: X12173216
1
Bathrooms

Listing 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. (40539629)

Location Description

CARADOC ST.

Property Summary

Property Type
Retail
Community Name
NE
Land Size
0.324 ac
Age Of Building
31 to 50 years
Annual Property Taxes
$13,127.52
Total Parking Spaces
8
Time on REALTOR.ca
33 days

Building

Bathrooms
Total
1
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Public Transit, Highway
Parking
Total Parking Spaces
8

Land

Lot Features
Frontage
98 ft
Land Depth
102 ft
Other Property Information
Zoning Description
C1, COMMERCIAL
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
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