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Land For Sale at Lot 37 Bay Shore Crescent in Lake Midway, Nova Scotia

4 Sale ID #198691
Updated 01 May 2024

Asking Price

$22,500

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

This is a wonderful opportunity to own a pristine forest lot by the ocean. This 4.6 acre lot is located on the Digby Neck, a peninsula in the Bay of Fundy. The lot is beautifully wooded but could easily be cleared if desired. There is a shared road leading to the lot with only a 1km walk or drive to the Bay of Fundy. Lake Midway Provincial Park is nearby and is ideal for swimming, fishing and boating or head to Sandy Cove for a hike. Take the ferry to Long and Brier Island where you can whale watch and see the Balancing Rock. Digby is only 25 km away where you can access shopping, restaurants and other amenities. Build your dream home, holiday cottage or set up the tent in this unique nature lovers paradise. (id:39198)

  • MLS® : #202303833
  • Date Listed : 13 Mar 2023

Location

Province

Nova Scotia

City

Lake Midway

Address

Lot 37 Bay Shore Crescent

Postal Code

B0V1A0

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

$22,500

Asking Price

$22,500

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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