7 Metcalfe Street E, Strathroycaradoc
- Bathrooms: 1
- Living area: 0.324 sqft
- Type: Commercial
- Added: 221 days ago
- Updated: 38 days ago
- Last Checked: 8 hours ago
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.
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Nearby Listings Stat
Active listings
5
Min Price
$119,900
Max Price
$3,299,999
Avg Price
$1,137,758
Days on Market
83 days
Sold listings
3
Min Sold Price
$299,900
Max Sold Price
$419,900
Avg Sold Price
$371,600
Days until Sold
94 days