Real Estate $1 million, Business $500k. This is your chance to own a piece of Woonsocket history! In business for over 100 years and five decades of jazz and blues on Main Street. Nearly 7,000 square feet consisting of restaurant, bar, and lounge perfect for shows or private events; this place has it all. Off street parking areas included. Located just steps away from the Stadium Theatre that holds sold out shows Fridays and Saturdays. Business will remain open so continue to go dine and attend shows. Looking for a new owner to put their spin on this prominent spot in bustling downtown Woonsocket that is growing every single year with new multi-million developments and hundreds of new housing units. Potential to add more square footage by expanding to upper floors with C1 zoning. Real estate and business included, option to purchase each separately. Come by for a tour!
259 Main Street, Woonsocket, RI, 02895
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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