The 1836 Country Store business and it's historic West Main St building are ready for new ownership! The 4 unit mixed commercial building has several different ways to cash flow. Although family owned for over 58 successful years the seller is motivated and ready to help the next owner(s) flourish in their new business so she can pursue her love and passion in animal conservation. The building is home to the prestigious anchor business that is HIGHLY PROFITABLE with a yearly multi 6 figure profit, and is included in this sale, Jezebel's Eatery restaurant and bar, that has been leasing for nearly 20 years, and two 1 bedroom apartment units. Each apartment has possibility for long or short term rentals or to owner occupy. Year round tourist activities such as skiing, hiking, leaf peeping, golfing, state parks, and galleries would be perfect to run a profitable Air BNB or VRBO style rentals. Locals and tourist alike enjoy all the 1836 Country Store has to offer. Fudge made with Real Vermont butter, decadent handcrafted chocolates and peanut butter cups. Wheels of Vermont Cheddar Cheese and Applewood Smoked Vermont Cheddar Cheese. Vermont maple syrup 4 flavors: Golden, Amber, Dark, and Very Dark. Great opportunity to take over a profitable business and mix use building to start or expand your portfolio. Large deeded shared parking lot. Notice required for showings. Property being sold as is.
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William Raveis Real Estate
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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 | $559,200 | $559,200 | $559,200 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $466 | $466 | $466 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,795 |
Total Monthly Payment | $4,373 | $4,275 | $5,353 |
* 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.