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Land For Sale at 731 Salem Road in Enon, Nova Scotia

4 Sale ID #70218
Updated 29 Apr 2024

Asking Price

$289,000

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

This is an incredible property. Wooded from the road to the shore. 78 acres of water front property. Road has been constructed to the shore. A clearing at the shore ready for you to build. A new 12 foot by 16 foot shed. If you are looking for privacy this property has it all. This property would also be a great investment property and is ripe for development. 3000 feet+- of frontage on a pristine clean lake. Swimming, fishing, or just sit along the shore and enjoy the beauty this has to offer. Year round road with power, phone and Fiber Optic. Legal boat launch has been constructed. (id:39198)

  • MLS® : #202202730
  • Date Listed : 22 Feb 2022

Location

Province

Nova Scotia

City

Enon

Address

731 Salem Road

Postal Code

B1J1W3

Location Highlights

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Listed by

Harvey Realties Limited (St.Peters) 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

$289,000

Asking Price

$289,000

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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