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Land For Sale at Bengal Road in Albert Bridge, Nova Scotia

4 Sale ID #165820
Updated 01 May 2024

Asking Price

$75,000

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

Lot Size

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Building Size

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Premise Summary

Beautiful Lakeside property on MacInnis Lake in Albert Bridge. The approx. 3.93 acre lot is located on Bengal Road, a government maintained, public road. The lot slopes genuinely towards the lake and has about 64 meters of water frontage.. Enjoying the country living and still being in a reasonable distance to all amenities this is the perfect place for nature lovers and water enthusiast. Sydney with an extensive infrastructure is only about 30 minutes away. The well-known nature reserve "Gabarus Wilderness Area" as well as the Fortress Louisbourg are close by. The Atlantic Ocean is approx. a20-minute drive away and the region is known for its beautiful sandy beaches. A survey is available. (id:39198)

  • MLS® : #202300714
  • Date Listed : 16 Jan 2023

Location

Province

Nova Scotia

City

Albert Bridge

Address

Bengal Road

Postal Code

B1K2J5

Location Highlights

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Listed by

Cape Breton Realty Nova Scotia 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

$75,000

Asking Price

$75,000

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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