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This street-level commercial retail area offers a combined 5, 000 sq. ft. , which can be used as a single large space or divided into two separate 2, 500 sq. ft. units. The layout is ideal for restaurants, coffee shops, or other retail businesses seeking high visibility and foot traffic. Situated on busy Broad St in the Renaissance area of Central Falls, the property benefits from a newly paved road and upgraded sidewalks, enhancing curb appeal and accessibility. The area is well-served by public transit, with a bus line running directly along Broad St The new Centreville Bank Stadium, home to Rhode Island FC, is close by, bringing additional visitors and energy to the neighborhood. Neighborhood Highlights The Renaissance area is experiencing significant revitalization, attracting new investment and increased activity. The space is surrounded by a mix of commercial, residential, and recreational uses, creating a vibrant environment for retail or dining establishments. The location is especially suited for a caf , restaurant, or other retail concepts looking to capitalize on the growing foot traffic and proximity to major attractions. This retail offering positions your business in a dynamic, transit-accessible, and rapidly developing part of Central Falls.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $6 | $6 | $6 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $0 | $0 | $0 |
| Total Monthly Payment | $75 | $75 | $75 |
* 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.