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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,900
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
Ready to build your dream house on 2.89 acres? This relatively level lot has perk tests completed. Rare find on Masons Point Road, nestled in the centre of Masons Point, which is surrounded by world class sailing waters. Imagine the ocean breezes, the sounds of the waves and the fresh scent of the ocean air making this the perfect destination for your dream home. This friendly community has scenic bike trails, cozy cafes, and the friendliest neighbours. The lot can be sub-divided to create 2 lots. Designs of the subdivided lots were started. The sketched uploaded has the driveway on the right. It needs to be moved to the left and resubmitted as on the right there would be a blind spot. Able Inc. has approved a sand filter septic. A well would need to be a dug well as drilled wells would bring in salt water from the ocean. The homes in the area mostly have dug wells and the operate effectively. Perks tests have been completed and documents are available. There is an easement through 341 Mason Point Road to access the lot. Downtown Halifax is only a 25 min drive, theatres and shopping in Bayers lake is also approximately 25 minute drive. Don?t delay, the gem of a property won?t last long! (id:39198)
Location
Province
Nova Scotia
City
Head Of St. Margarets Bay
Address
Lot X2 Masons Point Road
Postal Code
B3Z1Z1
Location Highlights
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Listed by
EXP Realty of Canada Inc. 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
$149,900
Asking Price
$149,900
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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