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Land For Sale at Lot 11 Waterview Lane in Belle River, Prince Edward Island

New
4 Sale ID #227440
Updated 03 May 2024

Asking Price

$65,000

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

Fantastic water view lot for sale in Belle River. Located in a quiet subdivision, this 2.57-acre parcel gives you many options for building a cottage with a stunning view of the Northumberland Strait. Lot 11 is cleared, surveyed, and ready to build on. Protective covenants are in place to protect your investment. Located just 10 minutes to the Northumberland Ferry, 25 minutes to Montague, and 45 minutes to Charlottetown. (id:39198)

  • MLS® : #202407510
  • Date Listed : 17 Apr 2024

Location

Province

Prince Edward Island

City

Belle River

Address

Lot 11 Waterview Lane

Postal Code

C0A1B0

Location Highlights

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Listed by

COLDWELL BANKER/PARKER REALTY MONTAGUE Prince Edward Island 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

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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

$65,000

Asking Price

$65,000

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

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