7 Metcalfe Street E, Strathroy Caradoc
- Bathrooms: 1
- Living area: 0.324 sqft
- Type: Commercial
- Added: 152 days ago
- Updated: 12 days ago
- Last Checked: 25 minutes ago
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 Details
- Cooling: Fully air conditioned
- Heating: Forced air, Natural gas
Interior Features
- Living Area: 0.324
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 8
- Lot Size Dimensions: 98 x 102 FT ; 66X17X56X90X54X98X102
Location & Community
- Directions: CARADOC ST.
- Street Dir Suffix: East
Business & Leasing Information
- Business Type: Retail and Wholesale
Tax & Legal Information
- Tax Annual Amount: 13127.52
- Zoning Description: C1, COMMERCIAL
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