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Land For Sale at St.Michael's Lane in Launching, Prince Edward Island

4 Sale ID #174814
Updated 29 Apr 2024

Asking Price

$149,900

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.

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Lot Size

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Building Size

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Premise Summary

Picture yourself building your dream home or summer home on a large lot overlooking Launching Harbour and the Northumberland Strait. Making up the 4.85 acres, this lot is partially covered in trees for extra privacy. Plus the water view of the south shore of PEI will provide instant relaxation. Watch the lobster boats heading out on the water to bring in their daily catch. Lots of possibilities for you to consider. (id:39198)

  • MLS® : #202322623
  • Date Listed : 23 Oct 2023

Location

Province

Prince Edward Island

City

Launching

Address

St.michael's Lane

Postal Code

C0A1G0

Location Highlights

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Listed by

ISLAND HOMES PEI REAL ESTATE Prince Edward Island listing

Category

land

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 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

$149,900

Asking Price

$149,900

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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