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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,900
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
DISCOVER YOUR SLICE OF HEAVEN - THE CROWN JEWEL OF GRAND MANAN ISLAND AWAITS YOU! Are you ready to embrace the beauty of nature in its purest form? This exceptional 3-acre +/- elevated oceanfront property is a rare gem that offers an unmatched opportunity. Picture yourself waking up to the soothing sound of ocean waves, as the sun paints the horizon with breathtaking colors. This land parcel boasts an impressive approx 400 feet of ocean frontage, allowing you to savor the ever-changing vistas of the Bay of Fundy, Whale Cove, and the iconic Hole in the Wall landmark. You'll be treated to a lovely babbling brook and waterfall feature meandering alongside the property and sweeping views of the rugged coastline, where whales breach and eagles soar gracefully overhead. Watch local fishermen tending their weirs and lobster traps right from your own piece of paradise. Access to your slice of heaven is made easier by an already existing access road in place. Whether you're an outdoor enthusiast, a nature lover, or simply seeking tranquility by the sea, this land parcel offers endless possibilities for your dream home, vacation rental, or investment. Don't miss this rare opportunity to own a piece of Grand Manan's finest oceanfront property. Embrace the natural beauty and serenity that this island has to offer. Act now and make your dream of coastal living a reality, call today! (id:39198)
Location
Province
New Brunswick
City
Grand Manan
Address
- Whistle Road
Postal Code
E5G1B5
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
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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
$229,900
Asking Price
$229,900
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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