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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$145,900
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
NEW LISTING: Island for Sale on Rainy Lake – A Rare Opportunity Awaits! If peace and serenity are on your dream list, look no further—this is your chance to own a piece of wilderness paradise. Welcome to your very own private island on the pristine waters of Rainy Lake, just over the Canadian border. Here, majestic eagles soar overhead, towering pines dot the skyline, and as you sit on the shore you’re taken to a magical world far away from the hustle bustle as you hear the sound of rustling trees and the gentle waves lapping the shore. Imagine stepping outside and casting a line just seconds from your door—world-class fishing awaits at your fingertips. Whether you dream of a rustic off-grid cabin, a luxurious retreat, or simply a peaceful sanctuary to escape to, this island offers unmatched potential for development tailored to your vision. A haven for wildlife lovers, anglers, nature seekers and bird lovers. Accessible yet incredibly private. Call today to get all the details! RRD (id:39198)
Location
Province
Ontario
City
Fort Frances
Address
Rainy
Postal Code
P9A3M3
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
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
$145,900
Asking Price
$145,900
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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