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Land For Sale at Lot 2023 Highway 1 in Weymouth, Nova Scotia

4 Sale ID #214651
Updated 27 Apr 2024

Asking Price

$89,900

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

Welcome to lot 2023, Highway 1 Weymouth NS. This 7.9 acre lot features approximately 235 feet of river frontage, and is located in the heart of Weymouth: walking distance to its amenities (grocery store, pharmacy, gas station, hardware store...and more). With a driveway already in place on the Highway 1, and a stunning view of the river, this could be the perfect lot to build your dream home or summer cottage. The possibilities are endless with this lot. (id:39198)

  • MLS® : #202404439
  • Date Listed : 13 Mar 2024

Location

Province

Nova Scotia

City

Weymouth

Address

Lot 2023 Highway 1

Postal Code

B0W3T0

Location Highlights

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Listed by

RE/MAX Banner Real Estate 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

N/A

Financial Information

Yearly Rate

$89,900

Asking Price

$89,900

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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