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Land For Sale at Lot 29 North Point Seaside in Malpeque, Prince Edward Island

New
4 Sale ID #229769
Updated 06 May 2024

Asking Price

$164,700

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

Lot 29 is a coveted lot boasting 203 ft of waterfront with sandy beach access on one end, perfect for kayaking or canoeing or swimming. Picture yourself enjoying drinks on your deck overlooking the bay in one direction and the open ocean in the other. Lots of room for a fire pit or whatever suits your lifestyle on this large spacious lot. Close to some of the island's most beautiful beaches and within walking distance to the famous Malpeque Bay Oyster Barn. (id:39198)

  • MLS® : #202314932
  • Date Listed : 19 Jul 2023

Location

Province

Prince Edward Island

City

Malpeque

Address

Lot 29 North Point Seaside

Postal Code

C0B1M0

Location Highlights

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Listed by

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD 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

$164,700

Asking Price

$164,700

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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