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Land For Sale at Off Little Mabou Road in West Mabou, Nova Scotia

4 Sale ID #162962
Updated 03 May 2024

Asking Price

$189,000

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

This extra-large lot in Mabou is a rare find, offering a developed and ready-to-build space with fabulous views of the mountains and river. If you're looking for a place to build your dream home or a large retreat, this property is ideal. Located on the West side of the harbour, this lot provides a peaceful and quiet neighborhood setting, perfect for those seeking tranquility and privacy. The picturesque views of the mountains and river add to the natural beauty of the surroundings, creating a serene atmosphere. This property is especially suitable for families looking to build two homes, as there is ample space to accommodate multiple dwellings. Alternatively, if you're simply seeking a large retreat, this lot provides plenty of room to construct a spacious and comfortable residence. One notable aspect of this area is the presence of restrictive covenants, which serve to protect your investment. These covenants ensure that the neighborhood maintains its appeal and value over time, providing you with peace of mind and confidence in your purchase. Enjoy the Celtic music, the friendly people and the easy lifestyle. Don't miss the opportunity to explore this exceptional land for sale in Mabou. With its developed status, breathtaking views, and potential for family homes or a large retreat, this property is worth checking out. Contact us today to schedule a viewing and see for yourself why this lot will not disappoint. (id:39198)

  • MLS® : #202320224
  • Date Listed : 22 Sep 2023

Location

Province

Nova Scotia

City

West Mabou

Address

Off Little Mabou Road

Postal Code

B0E1X0

Location Highlights

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Listed by

Cape Breton Realty Nova Scotia listing

Category

land

Property Information

Premise Status

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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

N/A

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

$189,000

Asking Price

$189,000

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)

N/A

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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