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Land For Sale at 3343 Route 126 in Lutes Mountain, New Brunswick

4 Sale ID #207283
Updated 04 May 2024

Asking Price

$159,900

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.

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Lot Size

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Building Size

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Premise Summary

Looking for a place to build your home with a business? This land is zoned RA, which is very flexible. Located just past Lyon's Country Store and directly across from Magnetic Hill School. A little over 3/4 of an acre only about 100 feet from one of the main ATV and snowmobile trails, makes this an ideal location for most any retail, entertainment, or service business. Most of the road frontage is already paved. If you happen to go look by yourself, keep in mind that the fence isn't all the way to the property lines. Call your REALTOR® right away to make arrangement for your offer or to get more details. (id:39198)

  • MLS® : #M157514
  • Date Listed : 21 Feb 2024

Location

Province

New Brunswick

City

Lutes Mountain

Address

3343 Route 126

Postal Code

E1G2X3

Location Highlights

N/A

Listed by

Royal LePage Atlantic New Brunswick 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

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$159,900

Asking Price

$159,900

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)

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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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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