12 South Main Street, Randolph, VT, 05060 | $299,000

Great opportunity in a prime downtown location in Randolph! This unique property features a nearly 1, 500 sf restaurant on the first level, formerly a successful pizzeria, and a sunny 2-bedroom apartment overlooking downtown Randolph above. The restaurant, formerly Al's Pizza, a Randolph favorite, includes a large dining room with a barn board bar with 16 beer taps, built-in dining booths, dessert display case, and 2 Pepsi coolers. The fully-equipped commercial kitchen includes a double pizza oven, 2 fryolators, a four-burner range with double oven and grill top, prep stations, 2 industrial freezers, and more - all included in the sale! The 2nd floor apartment, with a private entrance, features two spacious bedrooms with plenty of closet space and a full bath with laundry. The large kitchen with plenty of wood cabinets and appliances opens into a sun-lit living room with tons of windows overlooking downtown. Another large living room area could be used as a home office or media room. This property is conveniently located downtown, close to services, shops, the movie theater, library, and across from the Amtrak depot. Schedule your showing today!

Features

  • Property Type: Investment,Multi-Family
  • Construction: Wood Frame,Cement Exterior,Stucco Exterior
  • Parking: On-Site,Unpaved
  • Heating: Baseboard,Mini Split
  • Cooling: Mini Split
  • Units: 2
  • Zoning: Central Business
  • Frontage: 92
  • Year Built: 1900
  • Approx Sq. Feet: 3,976
  • Acreage: 0.16
  • Est. Taxes: $5,770
  • MLS#: 4967868
  • Website: https://www.raveis.com
    /prop/4967868/12southmainstreet_randolph_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/14/2024
Listing courtesy of Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: The Chris von Trapp Team

William Raveis Family of Services

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888.699.8876

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

12 South Main Street, Randolph, VT, 05060

$299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.518%
Monthly Tax Payment $481 $481 $481
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,632 $1,590 $2,051
Total Monthly Payment $2,188 $2,146 $2,607

* 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.