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Land For Sale at 599-601 Topsail Road in St Johns, Newfoundland & Labrador

updated
4 Sale ID #52202
Updated 27 Apr 2024

Asking Price

$189,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Prime development corner. Civic numbers 599 and 601 being sold together. Zoning is R2. Number Brookfield road could be available for the right development and would be sold separately. Civic #601 has a two apartment house. Property is vacant. Value is in the land. (id:39198)

  • MLS® : #1242982
  • Date Listed : 07 Apr 2022

Location

Province

Newfoundland & Labrador

City

St Johns

Address

599-601 Topsail Road

Postal Code

A1E3T7

Location Highlights

N/A

Listed by

CENTURY 21 SHIELD REALTY LTD. Newfoundland & Labrador listing

Category

land

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

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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

$189,000

Asking Price

$189,000

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.

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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