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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
This is a rare and beautiful 4.6 acre waterfront lot located along the Mabou Harbour Estuary within 6kms from the village of Mabou, on the Mabou Harbour Road. If you grow tired of walking this shoreline, relax, you're only minutes away from two beautiful beaches and the extensive trail systems overlooking the waters of the Northumberland Strait. When you feel like experiencing the local culture, food and craft brewing, The Red Shoe Pub can quench your desires. If wild apple trees are to your liking, there is plenty on this property to keep you busy preserving the yearly harvest. With a long shoreline and extensive road frontage available on this property, business opportunities abound, and a subdivision among friends or family is always possible to share evening sunsets together. For water lovers, you can build your own floating dock to park your pontoon boat, for those afternoon cruises on the harbour or dock your boat at the Mabou Marina and make your way to The Shoe, or, of course, you can take advantage of the local fishing ports and all of their amenities and pick up some fresh, in season, lobster, snow crab or oysters while you're there. If you are not into gardening, you can pick up some fresh produce from the local Farmer's Market, when in season, or stroll up to The Mabou Freshmart where they can fulfill your grilling and beverage essentials. This is the place to plan and build your dream or develop the ideal cottage to your liking. A lifetime of living awaits you here! (id:39198)
Location
Province
Nova Scotia
City
Mabou
Address
Lot A Mabou Harbour Road
Postal Code
B0E1X0
Location Highlights
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Listed by
CAPE BRETON REALTY - D11 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
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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
$499,000
Asking Price
$499,000
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
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Market Competition
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