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$2,675,000
Available - For Sale
Listing ID: X12173216
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.
Price $2,675,000
Taxes: $13,127.52
Tax Type: Annual
Occupancy by: Owner
Address: 7 Metcalfe Stre East , Strathroy-Caradoc, N7G 1N9, Middlesex
Postal Code: N7G 1N9
Province/State: Middlesex
Legal Description: PT LT 10 & 11, EAST OF CARADOC ST, 34PL9
Directions/Cross Streets: CARADOC ST.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: .32
Total Area Code:  Acres
Retail Area Code: Sq Ft
Area Influences: Public Transit   Major Highway
Approximatly Age: 31-50
Franchise: T
Days Open: O
Hours Open: 05:00-2
Employees #: 7
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Soil Test: Yes
Clear Height Feet: 9
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER INTEGRITY REAL ESTATE INC.

7 Metcalfe Stre East , Strathroy-Caradoc, N7G 1N9, Middlesex


 
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At a Glance:
Type: Com - Commercial Retail
Area: Middlesex
Municipality: Strathroy-Caradoc
Neighbourhood: NE
Style:
Lot Size: x 102.00(Feet)
Approximate Age: 31-50
Tax: $13,127.52
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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