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Land For Sale at Indian Island in False Bay, Nova Scotia

4 Sale ID #83658
Updated 28 Apr 2024

Asking Price

$199,000

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

Another very unique property. An 8.7 acre Island. Over 4500 feet of water frontage. Located in the ocean off South Side River Bourgeois. An incredible site that does not come up for sale often. Located less than 1/2 mile off shore makes for easy access. If you are looking for a truly special property this is the one for you. The owner is offering financing with 15% down and 15% interest. (id:39198)

  • MLS® : #202213857
  • Date Listed : 14 Jun 2022

Location

Province

Nova Scotia

City

False Bay

Address

Indian Island

Postal Code

B0E2X0

Location Highlights

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Listed by

Harvey Realties Limited (St.Peters) 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

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Financial Information

Yearly Rate

$199,000

Asking Price

$199,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

N/A


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