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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$950,000
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
Prime Lakeside Investment & Development Opportunity Welcome to 1445 & 1453 St. Margarets Bay Road (PID #00347930 & #40816944), offering a combined 28,717 sq. ft. of land in a highly desirable location. The property features a 2,500 sq. ft. building in excellent condition, fully leased to Canada Post on a Net Rent basiswith the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30,000 sq. ft building., the C2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from Bayers Lake, this lakeside property combines strong existing revenue with incredible future growth potentialan opportunity not to be missed for investors and developers alike. (id:39198)
Location
Province
Nova Scotia
City
Lakeside
Address
St Margartes Bay
Postal Code
B3T1M6
Location Highlights
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Listed by
Royal LePage Atlantic 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
$950,000
Asking Price
$950,000
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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