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Land For Sale at 3 Oceanview Lane in Eglington, Prince Edward Island

4 Sale ID #163894
Updated 27 Apr 2024

Asking Price

$99,000

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

Looking for that perfect piece of PEI paradise? This could be it. Drive down scenic Howe Point Road and follow it until you reach your final destination at Lot 3 Oceanview Lane. Overlooking the warm shores of the Northumberland Strait, this property features 190' of private waterfront & amazing views. This 2 plus acre oceanfront property can be the ultimate spot for your future year round or seasonal home. Located just a short walk to a quiet beach, and minutes to the Inn at Bay Fortune & Inn at Fortune Bridge, the town of Souris & 20 minutes to Montague. This property is everything you're looking for and so much more. (id:39198)

  • MLS® : #202320390
  • Date Listed : 26 Sep 2023

Location

Province

Prince Edward Island

City

Eglington

Address

3 Oceanview Lane

Postal Code

C0A2B0

Location Highlights

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Listed by

COLDWELL BANKER/PARKER REALTY MONTAGUE Prince Edward Island 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

$99,000

Asking Price

$99,000

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

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Market Competition

N/A


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