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Land For Sale at 73-75 Bayview Street in Marystown, Newfoundland & Labrador

4 Sale ID #215642
Updated 29 Apr 2024

Asking Price

$87,500

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

This extra deep and spacious lot on Bayview St. in Marystown is the ideal place for your dream home or would be perfect for seniors apartments if you want to make an investment in your future . Water views are just across the street. Two curb stops are in place so you would need a septic tank but could then connect to the municipal services. A lot of prep work has already been completed. The google street view was taken before the fill was added. The back of the lot extends well past the cleared section but the lot was recently re-pegged so it is easy to see. Check this place out as it is a terrific lot with many possibilities. (id:39198)

  • MLS® : #1268707
  • Date Listed : 14 Mar 2024

Location

Province

Newfoundland & Labrador

City

Marystown

Address

73-75 Bayview Street

Postal Code

A0E2M0

Location Highlights

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Listed by

RE/MAX AFFILIATES REALTY LTD. Newfoundland & Labrador 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

$87,500

Asking Price

$87,500

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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