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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$57,500
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
Welcome to this prime building lot, nestled in the highly coveted neighborhood of New Edinburgh. Surrounded by beautiful homes, this lot offers a rare opportunity to build your dream residence in a truly desirable location. Boasting an expansive 8.3 acres (approx.), this lot offers abundant space to create the perfect family retreat or private oasis. Enjoy the utmost privacy and seclusion, thanks to the generous size of the lot and the well-established homes surrounding it. The proximity to the village of Weymouth ensures that all your shopping needs (gas, groceries, pharmacy, NSLC, library, general store) are easily met, making daily errands a breeze. Situated in the Municipality of Clare, you'll be immersed in a region steeped in history and with a vibrant cultural scene. Explore the area's heritage and experience the local charm. The community spirit is strong in New Edinburgh, with friendly residents who take pride in their neighborhood. You'll feel right at home in this welcoming environment. Indulge your culinary desires with the freshest seafood around. Living close to the ocean means you can savor the mouthwatering flavors of the sea whenever you desire. With the ocean and its beautiful beaches a short distance away, you'll have easy access to beachside relaxation and breathtaking coastal views. For more information or to schedule a viewing, please contact us. We are here to assist you in discovering the perfect setting for your dream home. (id:39198)
Location
Province
Nova Scotia
City
New Edinburgh
Address
New Edinburgh Road
Postal Code
B0W3T0
Location Highlights
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Listed by
RE/MAX Banner Real Estate 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
$57,500
Asking Price
$57,500
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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