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Land For Sale at 131 Ouellette in Grand Falls, New Brunswick

4 Sale ID #188256
Updated 04 May 2024

Asking Price

$435,000

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

PRIME LOCATION NEXT TO TRANS CANADA HWY! Giving excellent exposure for your future business. This approximately 2.25-acre lot is perfectly suited for your business needs. Located in a highly desirable area, this property offers a range of advantages that make it an ideal investment. One of the standout features of this property is the ready-to-use water and sewage hookups, which eliminates the cost of installing these utilities. This convenient amenity allows for a seamless transition when planning and constructing your commercial building. Furthermore, the fill on this property has been expertly compacted, providing a solid foundation for your construction plans. This saves you time and resources, ensuring a smooth and efficient building process. The size of the lot, approximately 2.25 acres, offers ample space for your commercial venture to flourish. Call today to arrange a viewing and explore the endless possibilities that this property has to offer! (id:39198)

  • MLS® : #NB094259
  • Date Listed : 15 Dec 2023

Location

Province

New Brunswick

City

Grand Falls

Address

131 Ouellette

Postal Code

E3Z1A6

Location Highlights

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Listed by

EXIT REALTY ELITE New Brunswick 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

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Financial Information

Yearly Rate

$435,000

Asking Price

$435,000

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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