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Land For Sale at 1628 Hammonds Plains Road in Hammonds Plains, Nova Scotia

4 Sale ID #205057
Updated 27 Apr 2024

Asking Price

$300,000

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

Lot Size

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Building Size

N/A

Premise Summary

MU-1 zoning, this property offers exceptional opportunity for mixed-use development, blending commercial and residential opportunities. With its prime location, this parcel presents endless possibilities for investors and developers alike allowing up to 2000 sqft gross floor area for commercial use. Check attached documents for further information on MU-1 Zoning! **There is an old well and septic on the property but likely not useable* (id:39198)

  • MLS® : #202402653
  • Date Listed : 13 Feb 2024

Location

Province

Nova Scotia

City

Hammonds Plains

Address

1628 Hammonds Plains Road

Postal Code

B4B1P5

Location Highlights

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Listed by

EXP Realty of Canada Inc. Nova Scotia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$300,000

Asking Price

$300,000

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.

N/A

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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