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Land For Sale at Lot 6 4 Highway in Cleveland, Nova Scotia

4 Sale ID #242963
Updated 09 Dec 2024

Asking Price

$34,900

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

This beautiful forested lot offers privacy and tranquility while being situated just 10 minutes from all the amenities offered by Cape Breton Island's southwestern hub, Port Hawkesbury. Ferguson's Brook meanders along the westernmost border of the acreage, providing a peaceful backdrop. There are no restrictive covenants, a survey plan is on file, and the property has already been migrated. Electricity and telephone are available along Highway 4, which fronts the lot for 114 feet. The deed also gives access to several private, shared boat launches in the area. This is a lovely and affordable piece of land with easy access to a hospital, schools, grocery stores, and much more! (id:39198)

  • MLS® : #202410090
  • Date Listed : 10 May 2024

Location

Province

Nova Scotia

City

Cleveland

Address

Lot 6 4 Highway

Postal Code

B0E1J0

Location Highlights

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Listed by

Engel & Volkers Nova Scotia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$34,900

Asking Price

$34,900

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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