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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$829,900
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
This is a rare opportunity to own an entire island that is one of the largest in the Eastern Shore! Sandy white beaches + amazing waves for surfing in this unique, one of a kind offering. Success Breakers beach is located on the far side of the island with a gorgeous rocky beach. Private island oasis just off the shore of Marie Joseph. You may build a cabin or home anywhere and still have ocean views. Or maybe you wish to subdivide, install a ferry terminal and create your own neighborhood there is so many options. There is still some remains of a cabin built by the owners several years ago. We have a picture of the cabin however we are unsure of the cabins condition after 40+ years of storms and hurricanes. Whether you build something or keep it as is, this unique property will always be a treasure. (id:39198)
Location
Province
Nova Scotia
City
Marie Joseph
Address
Barren Island
Postal Code
B0J2G0
Location Highlights
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Listed by
Royal LePage Atlantic Nova Scotia 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
$829,900
Asking Price
$829,900
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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