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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$47,900
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.
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Lot Size
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Building Size
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Premise Summary
EAST Coast Land Available on year round road ONLY a few minute walk from beach! Discover your opportunity to build the dream home you've always envisioned on a generously sized lot located in the serene Launching area of Prince Edward Island (PEI), on the picturesque east coast side of the island. This property is uniquely positioned within walking distance of a stunning beach, offering an idyllic setting for peaceful living and exciting coastal adventures. Launching is celebrated for its proximity to the ocean, its rich clam-digging culture, and the breathtaking sunsets that grace its skies, providing a daily spectacle of natural beauty. For those who dream of a tranquil life that harmonizes with the rhythms of nature, this property presents an unparalleled chance. The area's quiet beauty, accentuated by the easy access to beachside activities, makes it a perfect spot for anyone looking to craft a home that serves as both a retreat and a gateway to outdoor exploration. Whether it's the allure of clam digging or the simple pleasure of watching a sunset over the water, this property in Launching, PEI, encapsulates the essence of coastal living at its finest. This is a rare opportunity to create a living space in one of PEI's most sought-after locations, where the dream of building a home amidst the beauty of Canada's east coast can become a reality. (id:39198)
Location
Province
Prince Edward Island
City
Launching
Address
Lot 23 Long Wharf Road
Postal Code
C0A1G0
Location Highlights
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Listed by
POWERHOUSE REALTY PEI INC 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
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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
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
$47,900
Asking Price
$47,900
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.
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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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