This is a once-in-a-lifetime opportunity to acquire Dick's Marina which has been in the family for 67 years. Prior use was a casual clam and lobster restaurant known as Dick's Clam Bar along with the marina. It currently has two 1,000 gallon septic tanks and separate grease trap. This property offers a casual restaurant waterfront commercial opportunity in the heart of Westbrook's thriving marine district. The marina has 83 slips and can accommodate boats up to 26'. Build a generational legacy with history, location and excellent cash flow potential.
314 Boston Post Road, Westbrook, CT, 06498
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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