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Land For Sale at 89 Richards Road in Abney, Prince Edward Island

4 Sale ID #189449
Updated 06 May 2024

Asking Price

$25,000

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

Discover the perfect blend of affordability and opportunity with this attractively priced, spacious lot nestled between the charming towns of Murray River and Murray Harbour. Boasting an older well and septic system, this property is an ideal canvas for your dreams. Positioned as an excellent location for a new mini home, the possibilities for this property are vast. The back acreage ensures privacy, creating a tranquil retreat, while maintaining easy access to the surrounding amenities. (id:39198)

  • MLS® : #202325611
  • Date Listed : 15 Dec 2023

Location

Province

Prince Edward Island

City

Abney

Address

89 Richards Road

Postal Code

C0A1W0

Location Highlights

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Listed by

POWERHOUSE REALTY PEI INC 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

$25,000

Asking Price

$25,000

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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