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Land For Sale at 555023 BELL'S LAKE Road in West Grey, Ontario

4 Sale ID #151297
Updated 03 May 2024

Asking Price

$275,000

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

2.67 acres located across the road from over 900 acres of conservation lands and Bell's Lake with public access. Property is zoned Hazzard Land and A2 Rural. Beautifully forested with an opening at the end of the existing driveway currently has an older trailer being sold with the property in As is conditions. No warranties on the trailer are made by the Seller. Any further building approvals and/or permits will be the responsibility of the buyer. It is recommended that any offer include a condition of building approvals. Enjoy the peace and tranquility of this beautiful property with Hydro on the property but has been disconnected. There is also a drilled well that worked when the hydro was connected. (id:39198)

  • MLS® : #40419514
  • Date Listed : 12 May 2023

Location

Province

Ontario

City

West Grey

Address

555023 Bell's Lake Road

Postal Code

N0C1H0

Location Highlights

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Listed by

SEA AND SKI REALTY LIMITED Brokerage (KIM) Ontario 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

$275,000

Asking Price

$275,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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