FOR SALE. Formerly the Northway Bank – At the entrance to the Belknap Marketplace, DW Highway, Belmont, NH. It offers great visibility, healthy traffic counts (+/- 20, 000) at the light. This two-story ±7, 179 SF retail building is comprised of a wide open area, small offices, a bank vault and a drive-thru window. There is a full basement (6, 293 sf) with room for storage, including two restrooms. It can easily convert to finished office space. Situated on 1. 74 acres, the exterior is nicely landscaped and features two drive-thru lanes, a lower-lever entrance, and ample on-site parking. The adjacent plaza is a grocery anchor center with national and local tenants, including Shaw’s Supermarket, Planet Fitness, ClearChoice Urgent Care and Joanne Fabrics. It is a strong candidate for redevelopment opportunity.
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$950,000
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $1,434 | $1,434 | $1,434 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,618 | $4,993 | $6,673 |
Total Monthly Payment | $6,144 | $6,519 | $8,199 |
* 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.