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Presented by
Stephani Dromeshauser |
950 Iyannough Road, Barnstable (Hyannis), MA, 02601 | $598,000
This is a ''KEY SALE'' including the business, equipment, improvements, leasehold position and brand known as Sam Diego's Mexican Cookery and Bar. The first floor consists of a full service restaurant with multiple seating areas, two spacious bar areas, commercial kitchen, multiple restrooms and large reception area. The East side of the property hosts a fantastic outside patio area for patrons. The site has 294 seats inside and 48 outside for a total of 342. The business enjoys its location with the benefit of high vehicle traffic counts, over 40, 000 per day. Sam Diego's family-friendly atmosphere consists of the rich colors of Mexico, tropical plants and cacti, and whimsical artwork and sculptures. Patrons enjoy the flavors of the Southwest, while sip a margarita at the bar, or enjoying the sunny spacious outside patio during the warmer months. The business is a Mainstay of the community where ''Everybody knows your Name'' and is adored by locals and visitors from all over the world. Open since 1982, Sam Diego's Mexican Cookery and Bar established itself as the ''place to go'' for Food, Fun and Fiesta on Cape Cod.
Features
- Town: Barnstable
- Property Type: Restaurant
- Current Use: Restaurant
- Permitted Use: Restaurant
- Construction: Clapboard, Stucco, Sheet Rock
- Parking: 160-car
- Levels: 2
- Cooling: Central Air
- Approx Lot Sq. Feet: 87,120
- Units: 1
- Zoning: SPLIT IND;HB;B
- Year Built: 1950
- Approx Sq. Feet: 16,239
- Acreage: 2
- Est. Taxes: $6,111
- Lot Desc: Shopping, Major Highway, House of Worship, Near Golf Course, Cape Cod Rail Trail, Level
- School District: Barnstable
- Appliances: Electric Water Heater
- Lease Term Type: Annually
- MLS#: 22502970
- Website: https://www.raveis.com
/prop/22502970/950iyannoughroad_barnstable_ma?source=qrflyer
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.
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.
Stephani DromeshauserLuxury Properties Specialist
617.413.6122
Stephani.Dromeshauser@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
- 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.
Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1017266
508.335.8179
Michael.Cartier@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
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@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
950 Iyannough Road, Barnstable (Hyannis), MA, 02601
$598,000
Stephani Dromeshauser
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.413.6122
Stephani.Dromeshauser@raveis.com
Michael Cartier
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $478,400 | $478,400 | $478,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,830 | $2,946 | $3,906 |
| Total Monthly Payment | $3,431 | $3,547 | $4,507 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630