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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$260,000
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
Discover the perfect canvas for your dream home or serene cottage at Sunset Place subdivision! This nearly half-acre building lot offers an exceptional picturesque setting. Enjoy the benefits of a cleared and partially wooded lot, combining both clarity and natural beauty. This spacious lot provides both open space and charming tree coverage for privacy. Just a short stroll away from the breathtaking sunsets of Lake Huron. You're all set to enjoy amazing views and tranquil evenings. There are two convenient access points to the beach that will make it easy to indulge in lakeside leisure & adventures. Located near the Point Clark Marina, you'll have quick access to boating & fishing activities, along with a friendly community vibe. Municipal water, hydro, and natural gas are available at the lot line. Septic system will be needed.The lot is zoned R1, ideal for residential development and comes with restrictive covenants that will help maintain the integrity and value of your investment. Sunset Place is conveniently situated just a 20 km drive to Kincardine and 40 km's to Bruce Power. Seize the opportunity to create your ideal living space in this stunning environment! Vendor will build the 2637 sqft spec in the photos, or build to suit. Call for more details. (id:39198)
Location
Province
Ontario
City
Huron kinloss
Address
Sunset
Postal Code
N2Z2X3
Location Highlights
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Listed by
Lake Range 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
$260,000
Asking Price
$260,000
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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