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Asking Price
$60,000
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
Introducing 9 Mink River Road, a picturesque lot nestled in the heart of Murray Harbour North, 1.52-acre lot with captivating water views. This property presents an unparalleled opportunity to build the home of your dreams in a covered coastal setting. Located just moments away from Seal Cove campground and Clow's wharf, outdoor enthusiasts will delight in the array of Recreational activities at their fingertips, from hiking and fishing to kayaking and birdwatching. Situated on a quiet, paved, public road. This property offers the perfect retreat. Plus with Poverty Beach just minutes away, you'll have convenient access to even more coastal adventures. Whether you're picnicking with family, or enjoying a leisurely stroll along the shoreline. Don't miss your chance to own a slice of PEI at 9 Mink River Road. There is currently an old house on the property with little to no value. (id:39198)
Location
Province
Prince Edward Island
City
Murray Harbour North
Address
9 Mink River 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
$60,000
Asking Price
$60,000
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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