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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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
A dream island property! The perfect blend of tranquility and convenience in Sharbot Lake. This rare 3.4 acre parcel of vacant land on beautiful Graceys Island offers a retreat into nature where the fish are friendly, and the loons call will wash over you with the warm summer breeze. With your own private horseshoe bay, this unique property offers stunning views, and an ideal location for your dream bunkie or off-grid retreat. Just minutes from the mainland, the island is easily accessible by boat in the summer, or slide a custom Mennonite built bunkie across the ice in winter. With only four property owners on the island, enjoy exceptional privacy, clear waters, and a true sense of escape while still being just a 5-minute boat ride to the charming shops and restaurants of Sharbot Lake. (id:39198)
Location
Province
Ontario
City
Frontenac
Address
Graceys Island
Postal Code
K0H2P0
Location Highlights
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Listed by
COLDWELL BANKER FIRST OTTAWA REALTY Ontario 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
$199,900
Asking Price
$199,900
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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