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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$210,000
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
Welcome to a rare & exciting opportunity! This 2.9-acre building lot offers a world of potential, combining two spacious & vacant lots into one incredible package deal. Located adjacent to Houlton St is the first lot! But the real treasure lies beyond, as the second lot can be accessed via a deeded right-of-way/easement through the front property, leading you to a mesmerizing waterfront lot w/ direct water access to the serene Meduxnekeag River! Spanning & providing approximately 549 feet of water frontage, this scenic expanse is sure to captivate any nature enthusiast or water sports lover! The possibilities are boundless w/ this unique zoning configuration. The front lot is zoned for both one & two-unit residential use, whereas, on the other hand, the rear lot holds a valuable general commercial zoning, creating an exceptional setting for entrepreneurs looking to establish a thriving business along the picturesque waterfront - possibly an excellent prospect for a variety of residential developments, such as condominiums, row homes or semi-detached dwellings! Investors, developers & dreamers alike will find immense value in this double-lot opportunity. Whether you're seeking to create a vibrant residential community or envisioning a bustling commercial hub w/ breathtaking river views, this property offers the perfect canvas to make your vision a reality. Don't miss your chance to secure this prime real estate gem, featuring a harmonious blend of urban potential & nature! (id:39198)
Location
Province
New Brunswick
City
Woodstock
Address
170 & 174 Houlton Street
Postal Code
E7M1Z1
Location Highlights
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Listed by
EXIT Realty Platinum New Brunswick 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
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
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
$210,000
Asking Price
$210,000
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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