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Land For Sale at - Highland Road in Grand Bay westfield, New Brunswick

4 Sale ID #60676
Updated 28 Apr 2024

Asking Price

$499,900

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

11 Acre parcel of land that is currently registered as recreational, but could be changed to commercial. This plot of land has high visibility to highway 7 between Saint John and Fredericton. This is a high traffic location and is able to be accessed by vehicles travelling in either direction on the highway and from Grand Bay-Westfield via Colonel Nase Blvd. The land is adjacent to the new bottle exchange and would be a great location for a rest stop service station, hotel, etc. The land also comes with signage rights for a potential high sign on the bottle exchange site. This provides the potential to have a sign thats visible from both directions on the highway, increasing potential business to the site. (id:39198)

  • MLS® : #NB072201
  • Date Listed : 09 May 2022

Location

Province

New Brunswick

City

Grand Bay westfield

Address

- Highland Road

Postal Code

E5K1K1

Location Highlights

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Listed by

RE/MAX PROFESSIONALS New Brunswick 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

$499,900

Asking Price

$499,900

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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