$3,325,000
Status: For Sale
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.
| Property Type | :Commercial |
| MLS Number | :X8242342 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 Apr, 2024 (7 Days ago) |
| Property Age | :31-50 years |
| Area | :Middlesex |
| Property Location | :Caradoc St. |
| Postal Code | : N7G 1N9 |
| Source | :TRREB |
| Price | :$3,325,000 |
| Property Taxes | :$13127.52 |
| Tax Year | :2023 |
| Cross Street | :Caradoc St. |
| Fireplace/Stove | :No |
17 Apr, 2024
TREB #X8242342
Available
$3325000.0
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7 Metcalfe St E is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 7 Metcalfe St E with a highly strategic location at the N7G 1N9 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
7 Metcalfe St E offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8242342 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 13127.52 and an attractive 3,325,000 while getting several vibrant benefits at the same time.
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