This commercial / real estate property has a bar, dining area, basement, kitchen /prep area, restrooms for patrons. As well as a second-floor studio apartment with an outdoor patio space. This business has been family owned and operated for the last 67 years. Located across the street from the South Street gate of the Fore River shipyard. The current owners are ready to retire, making this an ideal acquisition for someone looking to step into a well-established, local bar located in a growing City of Quincy setting! Quincy's Apartment communities are growing in the neighborhood providing this well-established neighborhoodbar with many local clientel and new local patrons who can take a walk, and have a bit to eat.
504 South Street, Quincy, MA, 02169
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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