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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,900
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
Exciting opportunity awaits with this fantastic commercial property, located on a prime corner lot, in the picturesque seaside town of Lockeport. Featuring two spacious rooms, this could be the ideal setting to launch your retail venture or transform the spaces into multiple unit living quarters. This building is a blank canvas ready for your imagination! Resting on .44-acres, this property offers the possibility of expansion with lots of room to build other dwellings and connect to town sewer. Famous for its numerous white sand beaches, enjoy the ocean views as you explore the town. Please note, the sale includes the building and land only. (id:39198)
Location
Province
Nova Scotia
City
Lockeport
Address
18 Howe Street
Postal Code
B0T1L0
Location Highlights
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Listed by
Royal Lepage Atlantic (Mahone Bay) Nova Scotia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
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
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$149,900
Asking Price
$149,900
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.
N/A
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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