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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$39,999
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
Explore the enchanting possibilities of a 2.5-acre level lot within the prestigious Cape George Estates, inviting you to transform your vision of a dream cottage or home into reality. This captivating property, adorned with a mix of mature poplar and spruce trees, promises a tranquil sanctuary in the heart of nature. Enhancing its appeal is the deeded water access to the pristine waters of Bras D'Or Lake, conveniently located a mere two hundred yards east of the property. With a dedicated parking area and a boat launch, waterfront adventures are just steps away. Positioned along the south side of Wall Street, the property spans three hundred and fifty-eight feet of year-round road frontage. Both power and telephone services pass by, ensuring essential utilities for your future residence. The mostly level terrain gently rises from the road, transitioning to a completely level rear half, offering versatility for construction and landscaping endeavors. A notable feature is the minimal annual fee for road maintenance, preserving the tranquility of this rural setting while ensuring accessible pathways. Situated just five miles north of St. Peters, an oceanside community, this location combines rural serenity with the unique charm of a canal that connects Bras D'Or Lake to the vast Atlantic Ocean. Seize the chance to build your haven in this peaceful yet captivating locale, where the natural beauty of mature trees and waterfront access harmoniously converge. Create a lifestyle that seamlessly blends tranquility with the excitement of living by the water, all within the exclusive embrace of Cape George Estates. Your dream property awaits, promising a perfect balance of nature and convenience. (id:39198)
Location
Province
Nova Scotia
City
Cape George Estates
Address
Wall Street
Postal Code
B0E3B0
Location Highlights
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Listed by
Cape Breton Realty Nova Scotia 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
$39,999
Asking Price
$39,999
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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