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Land For Sale at No 19 Highway in Craigmore, Nova Scotia

4 Sale ID #160383
Updated 03 May 2024

Asking Price

$175,000

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

Lot Size

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Building Size

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Premise Summary

Welcome to site of your new home, 58 acres of property overlooking the Atlantic Ocean and the site of spectacular ocean sunsets! This property is approximately 20 minutes from the Town of Port Hawkesbury and all its amenities. The land rises sharply from the road and features amazing views up and down the coast. There is a driveway that has been cut into the entrance and it will bring you up to level area that would be suitable for building. This property is also intersected by the former railway line to Inverness, now part of the Trans Canada Trail system. This property is located just a short drive to the Celtic Music Interpretative Centre, hiking trails, and beaches. It could be a wonderful location for your vacation home or year round residence. (id:39198)

  • MLS® : #202304588
  • Date Listed : 23 Mar 2023

Location

Province

Nova Scotia

City

Craigmore

Address

No 19 Highway

Postal Code

B0E1P0

Location Highlights

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Listed by

Coldwell Banker Boardwalk Realty 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

$175,000

Asking Price

$175,000

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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