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Land For Sale at 151 Trans Canada Highway in Gander, Newfoundland & Labrador

4 Sale ID #86063
Updated 29 Apr 2024

Asking Price

$1,399,900

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

Lot Size

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Building Size

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Premise Summary

4.13 Acres located close to prominent businesses including the Albatross Hotel, Comfort Inn, Esso, A&W and Jungle Jim's. "Residential High Density - 2" site that has direct access off the Trans-Canada Highway. Property borders the Gander Golf Club and two vacant parcels of land and is located very close to the James Paton Memorial Hospital. The site slopes very gently downward towards the mid-point before becoming level for the remainder. Outstanding view of Gander Lake. (id:39198)

  • MLS® : #1246497
  • Date Listed : 21 Jun 2022

Location

Province

Newfoundland & Labrador

City

Gander

Address

151 Trans Canada Highway

Postal Code

A1V1P7

Location Highlights

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Listed by

RE/MAX Infinity Realty Inc. Newfoundland & Labrador 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

$1,399,900

Asking Price

$1,399,900

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

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

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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