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Land For Sale at ACREAGE 5 CHURCH Road in Church Road, Prince Edward Island

4 Sale ID #159497
Updated 29 Apr 2024

Asking Price

$149,000

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

This unique large lot not only captivates, with its sweeping views and serene ambiance, but also grants exclusive access to a renowned fishing area. Imagine casting your line from the comfort of your own 55 acre slice of paradise, surrounded by nature's beauty and waiting for trout, salmon, bass and more while eagles soar above. With ample space for your dream home and the opportunity to create your own peaceful haven, this property promises an unparalleled retreat for those who appreciate both the tranquility of the river and the thrill of legendary fishing. Nestled along the Midgell River, across a private bridge that spans the river, this remarkable property offers the chance to own a piece of riverfront paradise. Pre-existing electrical service along right of way from road. Please Note: Tax and Assessment values listed are for the entire parcel. Lot to be severed prior to closing at the Vendors expense. Listing agent is related to one of the Vendors. (id:39198)

  • MLS® : #202316742
  • Date Listed : 10 Aug 2023

Location

Province

Prince Edward Island

City

Church Road

Address

Acreage 5 Church Road

Postal Code

C0A1S0

Location Highlights

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Listed by

EXIT REALTY PEI Prince Edward Island listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$149,000

Asking Price

$149,000

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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