7 Metcalfe St E,Strathroy, ON N7G
Strathroy, ON N7G
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.
Details
| MLS # | X12173216 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 24 |
| Listing Provided By | COLDWELL BANKER INTEGRITY REAL ESTATE INC. | X12173216 023000 |
Features
| Bath(s) | 1 |
|---|---|
| SQ Feet | 14,113 |
| Acreage | 0.32 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Public Transit, Major Highway |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Middlesex |
| City | Strathroy |
| Postal Code | N7G |
| Area | NE |
| Listing VS Median (in N7G) | |
Price: $2,675,000 low | high Med: $949,000 SqFt: 14,113 low | high Med: 6,650 $ / SqFt: $190 low | high Med: $143 On site: 24 low | high Med: 26.000000 | |