Prominent well established restaurant-focused mixed-use investment opportunity on high-visibility Route 202 in Granby. The 4,315 SF property on 1.87 acres is anchored by a fully operational restaurant space (2027 sq ft), complemented by an 1,847 sq ft residential apartment and a detached 464 sq ft studio style residential unit for additional rental income. With 23 parking spaces and mixed-use zoning, the property supports continued restaurant operations while offering diversified revenue streams. The restaurant is fully functional with a strong reputation in the community and exterior patio seating for additional seating space in the warmer months. Currently open 5 days a week for breakfast and lunch, the hours of operation can be expanded to increase income. Operate this restaurant as-is and tap into it's current reputation or bring your own ideas! Ideal location and aesthetic for a coffee shop! Busy location surrounded by other businesses on high traffic Rt 202.
181 W State Street, Granby, MA, 01033
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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