Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$3,325,000
Available - For Sale
Listing ID: X8242342
7 Metcalfe St East , Strathroy-Caradoc, N7G 1N9, Ontario
| 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. |
| 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. |
| Price | $3,325,000 |
| Taxes: | $13127.52 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 7 Metcalfe St East , Strathroy-Caradoc, N7G 1N9, Ontario |
| Postal Code: | N7G 1N9 |
| Province/State: | Ontario |
| Legal Description: | PT LT 10 & 11, EAST OF CARADOC ST, 34PL9 |
| Lot Size: | 98.00 x 102.00 (Feet) |
| Directions/Cross Streets: | CARADOC ST. |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 0.32 |
| Total Area Code: | Acres |
| Retail Area: | 2635 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 31-50 |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 24 |
| Employees #: | 12 |
| LLBO: | N |
| Sprinklers: | N |
| Washrooms: | 1 |
| Outside Storage: | N |
| Rail: | N |
| Soil Test: | Y |
| Clear Height Feet: | 9 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm Avail |
| Water: | Municipal |
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Years
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| COLDWELL BANKER INTEGRITY REAL ESTATE INC. |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Middlesex |
| Municipality: | Strathroy-Caradoc |
| Lot Size: | 98.00 x 102.00(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $13,127.52 |
| Baths: | 1 |
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