Welcome to a golden opportunity in the heart of North Canaan! Presenting a turnkey restaurant nestled in the vibrant downtown area, this property offers an enticing blend of modern amenities and prime location, making it a standout investment. This meticulously maintained establishment boasts brand new mechanicals, all installed within the last two years, ensuring operational efficiency and reducing any immediate capital expenditures for the fortunate new owner. The 2000+ square feet of space provides ample room for various seating arrangements, catering to the dynamic needs of different culinary concepts. As you step inside, you'll be captivated by the ambiance created by the beautiful custom bar, adding a touch of sophistication and charm to the dining experience. The strategic downtown location enhances the property's appeal, promising high foot traffic and visibility, key factors for any thriving restaurant business. Notably, the offering extends beyond the real estate itself. The sale encompasses the option to acquire the turnkey restaurant business, providing an added layer of convenience for entrepreneurs looking to hit the ground running. This inclusive opportunity sets the stage for a seamless transition, allowing the new proprietor to capitalize on an established and well-equipped culinary space. In summary, this turnkey restaurant property is more than just a real estate investment; it's an invitation to step into a fully operational establishment in do
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $285 | $285 | $285 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,178 | $2,122 | $2,692 |
Total Monthly Payment | $2,538 | $2,482 | $3,052 |
* 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.