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Mixed-Use Property For Sale at 23 Water Street in St Lawrence, Newfoundland & Labrador

updated
4 Sale ID #106596
Updated 29 Apr 2024

Asking Price

$139,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Stella Maris Hall located in beautiful St Lawrence. Property is being sold as is where is. Purchaser can do an inspection but it will be solely for information purposes only. Any zoning restrictions are to be verified with the town municipality, as well, lot size to be verified through a search with the Lawyer. (id:39198)

  • MLS® : #1249781
  • Date Listed : 23 Sep 2022

Location

Province

Newfoundland & Labrador

City

St Lawrence

Address

23 Water Street

Postal Code

A0E2V0

Location Highlights

N/A

Listed by

ROYAL LEPAGE TEAM REALTY Newfoundland & Labrador listing

Category

mixed-use-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

6,979

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$139,000

Asking Price

$139,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

6,979

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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