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Land For Sale at 0 Bay Breeze Lane in Grand River, Prince Edward Island

4 Sale ID #197333
Updated 28 Apr 2024

Asking Price

$79,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Stunning 0.94 acre lot located on Bay Breezes Lane in Grand River. This lot offers ample space for your dream home or cottage. The land is cleared and ready for you to build on. Nestled in the picturesque western region of PEI, Grand River is a charming community known for its natural beauty, and tranquility. The area has seen lots of new development making it a great spot to build or invest in. Enjoy beach access, kayaking, and hiking through nearby nature trails in the area. The lot is surrounded by the stunning landscapes that PEI is renowned for, including lush greenery and red sandy beaches. Golf lovers will appreciate the proximity to top-tier golf courses, including the renowned Mill River Golf Course, located half an hour away. Experience peaceful living while still being only 23 minutes to Summerside. (id:39198)

  • MLS® : #202313272
  • Date Listed : 29 Jun 2023

Location

Province

Prince Edward Island

City

Grand River

Address

0 Bay Breeze Lane

Postal Code

C0A1T0

Location Highlights

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Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY Prince Edward Island listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$79,000

Asking Price

$79,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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