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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$250,000
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
Prime Development Opportunity on Pleasant Avenue. This spacious 20,150 sq.ft. level lot offers ample space for your vision, whether you?re an aspiring homeowner wanting to build your dream home on a sprawling lot, an investor, or a seasoned developer, the potential is significant. The R3 zoning allows for multi-unit residential development. You can explore various options, including townhouses, apartments, or condominiums. Create a boutique condominium project, capitalizing on the demand for quality housing in town. Wolfville?s real estate market is thriving, driven by its university presence, cultural scene, and natural beauty. This lot presents an excellent investment opportunity. Access to utilities such as water, sewer, and electricity is readily available. Don?t miss out on this chance to shape Wolfville?s skyline with a well-planned residential development. Act now! (id:39198)
Location
Province
Nova Scotia
City
Wolfville
Address
Lot 3 Pleasant Street
Postal Code
B4P1N9
Location Highlights
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Listed by
MacKay Real Estate Ltd. Nova Scotia 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
$250,000
Asking Price
$250,000
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
N/A
Market Competition
N/A
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