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Land For Sale at 9524 Main Street in Murray River, Prince Edward Island

4 Sale ID #163904
Updated 04 May 2024

Asking Price

$89,000

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

An opportunity awaits with this 4.37 acre parcel directly on Main Street in the quaint rural community of Murray River. The land has been mostly cleared of trees (stumps remain) and is almost ready for you to build your store frontage or large estate home. This property has access from Main Street and is just 15 minutes from Montague and 50 minutes from Charlottetown. (id:39198)

  • MLS® : #202320393
  • Date Listed : 26 Sep 2023

Location

Province

Prince Edward Island

City

Murray River

Address

9524 Main Street

Postal Code

C0A1L0

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

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Financial Information

Yearly Rate

$89,000

Asking Price

$89,000

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

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Market Competition

N/A


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