The Waterfront Restaurant known as The Surf Club of Provincetown is now available for Lease. The well known site sits at the foot of MacMillan Pier and directly abuts Lopes Square. The building is brand new construction, finished in 2022 and boasts one of the few waterfront dining experiences in the market. Directly overlooking Provincetown Harbor, The Surf Club sits in a choice location with views of Marinas, Beach, Harbor and all of Lopes Square action. The First Floor is 4, 439 SF and includes a spacious kitchen, interior dining / bar for 120 and outside dining for 120. The lower level is 3, 237 SF and has liquor / dry goods storage and delivery space. The Second floor consists of 1900 SF of open space. The restaurant has significantly high vehicle and foot traffic as all Ferry Service and Whale Watch passengers walk directly by the site. Located within steps of the Municipal Parking Lot, there is always parking for staff and customers. The property is located in the heart of Provincetown and within steps to dozens of hotels, B&B's, Inns, Shops and Galleries. Superior location, signage, frontage, condition and opportunity make this a MUST SEE. Tenant to verify all info.
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NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $2,201 | $2,201 | $2,201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $546 | $539 | $686 |
Total Monthly Payment | $2,822 | $2,815 | $2,962 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.