14 Railroad Street, North Canaan, CT, 06018 | $399,000

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

Features

  • Current Use: Restaurant
  • Utilities: Electric,Gas,Cable
  • Heating: Gas on Gas,Hot Air
  • Cooling: Central Air
  • Units: 1
  • Zoning: 3
  • Frontage: State Road,Paved Road
  • Year Built: 1972
  • Approx Sq. Feet: 2,861
  • Acreage: 0.06
  • Est. Taxes: $3,415
  • Lot Desc: Level Lot
  • MLS#: 24003589
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/24003589/14railroadstreet_northcanaan_ct?source=qrflyer
Copyright © 2024  SmartMLS, Inc.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing courtesy of Regency Real Estate, LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

14 Railroad Street, North Canaan, CT, 06018

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

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.