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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$140,000
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
Located a 10-min boat ride from the marinas of Minaki, this water access property offers exceptional privacy, spectacular sunsets and has access to all the desired amenities. * 3.68 acres patent land, thick tree cover * 174 feet of rock shoreline (western boundary) * South boundary 1,000 feet deep * North boundary 949 feet deep * 164 feet across the rear (eastern boundary) * Exceptional privacy; crown land to the north and east * West exposure * Hydro and telephone service nearby * Septic system approved * Low profile with a gentle rise up to build sites * Shoreline boulders; ideal for cribs and securing docks * Only required building permits are for electrical and septic * Unorganized territory with low taxation and freedom to build (id:39198)
Location
Province
Ontario
City
Minaki
Address
Part 1 & Part 2 23r-14679|little Sand La
Postal Code
P0X1J0
Location Highlights
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Listed by
RE/MAX FIRST CHOICE REALTY LTD. Ontario 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
$140,000
Asking Price
$140,000
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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