Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$49,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to The Pine Highlands in Georgetown Royalty. This carefully landscaped land features four surveyed building lots, each PERC tested and government approved, offering stunning views of the Brudenell River and its sunsets. Accessible from Kayes Road/Route 343, a newly registered private road, White Pine Lane, provides entry to this tranquil forest residential area. The subdivision includes lots 2, 3, and 4, all accessible via White Pine Lane, while Lot #1 also offers direct access to Kayes Road and/or White Pine Lane. Additionally, Lot #4 could potentially have secondary access from Caesar?s Way. With a gentle slope and optimal solar orientation, these lots are ideal for photoelectric panels. Professional soil testing has been completed, ensuring excellent drainage, making all four lots primed for construction. Nearby, a beach offers clam, mussel, and oyster digging, as well as swimming and bass fishing. The Pine Highlands is surrounded by attractions, including restaurants, a theatre, art gallery, bakery, gift shops, marina, and more. Just a 12-minute drive away lies the town of Montague, offering amenities such as government services, schools, a hospital, grocery stores, and hardware shops. Georgetown, just 3 km away, is undergoing a $20 million transformation to become Canada?s first net-zero community. A $2 bus service at the end of Kayes Road provides access to Montague, Georgetown, and across PEI. Option 1: All four lots (1, 2, 3, and 4) can be purchased together for $215,000. Option #2: Buy-in access to neighbours? shared dock for small watercraft, kayaks etc. A sailboat mooring can be created offshore. Please note that all lines in photos are approximate and should be verified by the purchaser, and the survey pins are conveniently located for verification. This opportunity offers a rare chance to become part of a unique neighbourhood embracing the natural beauty and promising future of Georgetown Royalty. (id:39198)
Location
Province
Prince Edward Island
City
Georgetown
Address
Lot 20-3 White Pine Lane
Postal Code
C1A4J6
Location Highlights
N/A
Listed by
ROYAL LEPAGE PRINCE EDWARD REALTY Prince Edward Island listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$49,900
Asking Price
$49,900
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
