For Sale

7 Metcalfe Street, Strathroy-Caradoc (Caradoc), Ontario N7G1N9

$3,299,999

7 Metcalfe Street, Strathroy-Caradoc (Caradoc), Ontario N7G1N9 is For Sale and has a listing price of 3,299,999. The property is located in the Strathroy-Caradoc neighbourhood. It's been on the website for 72 Days.

  • Retail
    Property Type
  • 1
    Bathrooms
  • 8
    Parking Spaces
  • MLS ID: X8242342
  • Office Name COLDWELL BANKER INTEGRITY REAL ESTATE INC.
Property Description

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. **** EXTRAS **** Buyer to assume Mr. Sub franchise as part of the sale. Buyer to purchase store inventory. Additional information available upon signing confidentiality agreement. Buyer to assume on site equipment leases, if any. (id:43137)

Property Details
  • MLS ID: X8242342
  • Bathrooms: 1
  • Price: $3,299,999
  • Transaction Types: For Sale
  • Ref ID: 26762815
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/17/2024 X8242342 $3,299,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Strathroy-Caradoc
  • $888,329 Average List Price
    based on 1 year
  • 54 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 132.64 % Up
  • Sold (12mo) 169
  • Rented (12mo) 11

  • 1 Month Change +14.2%
  • 3 Month Change +18.5%
  • 6 Month Change +1.8%
Walkscore
  • 84 Walk Score
    Very Walkable
  • 62 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    86.72%
  • Commercial
    10.34%
  • Condo
    2.61%
  • Land for Sale
    0.33%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 8
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 17/04/2024 00:00:00
  • Zoning Dc, R-gm
  • Agent Name: RAJ BHAL
  • Last Updated: 16/10/2024 18:14:59
Open House Dates
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