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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$174,000
Cap Rate
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
Introducing lot 14-28 Crozier Drive, one of the last waterfront lots in Summerside. This remarkable South facing property boasts just under 1 acre of land, providing ample space to bring your dream home to life. Prepare to be captivated by the stunning waterfront right from your own backyard. Imagine waking up to the gentle sounds of the river and enjoying peaceful evenings watching the sunset over the water. Whether you're an avid nature lover or simply seeking a peaceful retreat, this waterfront lot offers the ideal setting to create lasting memories. Located in Summerside, you'll have convenient access to all the amenities and attractions the city has to offer. From charming shops and restaurants to recreational activities and community events, Summerside has something for everyone. Don't miss this incredible opportunity to build your dream home in this picturesque waterfront location. Embrace the beauty of nature, the tranquility of the river, and the endless possibilities that await. Claim this waterfront lot as your own. (id:39198)
Location
Province
Prince Edward Island
City
Summerside
Address
14-28 Crozier Drive
Postal Code
C1N6K3
Location Highlights
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Listed by
CENTURY 21 NORTHUMBERLAND REALTY Prince Edward Island listing
Category
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
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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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$174,000
Asking Price
$174,000
Cap Rate
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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NOI
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
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
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
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Market Competition
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