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Land For Sale at 89 Poverty Beach Road in Murray Harbour North, Prince Edward Island

New
4 Sale ID #227346
Updated 03 May 2024

Asking Price

$110,000

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

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)

  • MLS® : #202407439
  • Date Listed : 17 Apr 2024

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

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

N/A

Financial Information

Yearly Rate

$110,000

Asking Price

$110,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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