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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$55,000
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
There is nothing quite like the sunsets of Belfast, come and see for yourself! This 0.63 acre parcel is the corner lot on a peaceful lane and has already been surveyed and subdivided. Minutes away from Belfast Highlands Greens Golf Course, Sandstone Equestrian Stable, Coopers Red and White Store, Point Prim Light House, Point Prim Chowder House, Bar Vela Pizzeria, Wood Islands Market and the Wood Islands Ferry! The perfect opportunity to build your ocean view dream home or summer cottage, this land is a great investment. There is a path to access the beach just steps away to the sand and crystal clear, warm, ocean water. Relax on one of PEI?s quietest beaches-when the tide is out you can walk to the sand bar and escape it all! Restrictive covenants in place to protect the integrity of the lane - accessible year-round. PERC Tested! Additional Land available if interested. (id:39198)
Location
Province
Prince Edward Island
City
Belfast
Address
Lot 13-1 Beaton Lane
Postal Code
C0A1B0
Location Highlights
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Listed by
IMPRESS ISLAND REALTY Prince Edward Island 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
$55,000
Asking Price
$55,000
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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