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Land For Sale at 4444 St Margarets Bay Road in Lewis Lake, Nova Scotia

New
4 Sale ID #224755
Updated 06 May 2024

Asking Price

$159,000

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

Welcome to 4444 St Margaret?s Bay Road. If you are looking for a prime spot with AMAZING views ? look no further! This land is directly across from Lewis Lake and offers endless opportunities. The area boasts some exceptional community amenities including Jerry Lawrence provincial park and St Margaret's Bay Rails to Trails ? one of the most scenic multi-use trails in Nova Scotia. Current approval for a new septic system is already in place. Don?t miss out as this one won?t last! (id:39198)

  • MLS® : #202406665
  • Date Listed : 10 Apr 2024

Location

Province

Nova Scotia

City

Lewis Lake

Address

4444 St Margarets Bay Road

Postal Code

B3Z1E1

Location Highlights

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Listed by

Red and White Realty NS Inc. Nova Scotia 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

$159,000

Asking Price

$159,000

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

N/A

Market Competition

N/A


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