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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$59,900
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
INTRODUCING AN EXCEPTIONAL OPPORTUNITY ON GRAND MANAN ISLAND! Ocean View Lot - 5 Acres +/- nestled in the heart of Grand Manan Island, this approximately 5-acre ocean view lot is a rare gem waiting for your dreams to unfold. With a generous acreage, this property may offer various possibilities for your coastal paradise. Key Features: Ocean Views: Experience breathtaking vistas of the shimmering Bay of Fundy from your very own piece of paradise. Conveniently Located: Centrally positioned on the island, you'll find yourself just moments away from the island's school and a variety of businesses, making this location perfect for families and entrepreneurs alike. Coastal Bliss: Watch the sunrise over the water every morning and savor the tranquil island life. Roadside Access: This lot is conveniently situated across the road from the water, ensuring easy access to the shoreline and all the recreational opportunities it offers. Natural Beauty: Access to the island's lush flora and fauna, this property provides a serene and natural backdrop for your coastal retreat which extends a great distance from the road. The property will be subdivided at the seller's expense and will include the non-oceanside portion of the parcel on one side of the road. The Property taxes and assessment currently reflect the entire parcel and home on the oceanfront side. Call today and let's make this one yours! (id:39198)
Location
Province
New Brunswick
City
Grand Manan
Address
- Route 776
Postal Code
E5G1G1
Location Highlights
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Listed by
FUNDY BAY REAL ESTATE GROUP INC. New Brunswick 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
$59,900
Asking Price
$59,900
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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