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Asking Price
$110,000
Cap Rate 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 89 Poverty Beach Road, Murray Harbour North! This sprawling 6.42-acre property presents an incredible opportunity for those seeking space & potential. With a large workshop and old barns this parcel of land offers endless possibilities for redevelopment. Situated just a short walk from the beach, this property is ideal for beach lovers and outdoor enthusiasts alike. Spend your days exploring the golden sand beaches of Poverty Beach & Panmure Island soaking in the sun, and enjoying the beauty of the coastline. Conveniently located a mere 15-minute drive away, the town of Montague provides easy access to shopping, dining, and essential services, ensuring that you have everything you need within reach. Whether you're dreaming of creating your own homestead, or simply seeking a peaceful retreat close to the sea, don't miss out on the chance to make your coastal dreams a reality. (id:39198)
Location
Province
Prince Edward Island
City
Murray Harbour North
Address
89 Poverty Beach Road
Postal Code
C0A1R0
Location Highlights
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Listed by
ROYAL LEPAGE PRINCE EDWARD REALTY Prince Edward Island listing
Category
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 Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate 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
$110,000
Asking Price
$110,000
Cap Rate 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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NOI 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
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 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
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Market Competition
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