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Location, location, location. . . Strategically positioned former restaurant, wedding/event venue and catering facility is fully equipped and turnkey. With parking for 250 and seating for hundreds this is unsurpassed potential! Super high visibility, high traffic, and easy accessibility with frontage on two busy roads, the location can't be beat! Building and signage are extremely visible sitting up high from the road and fronting with 1200+ feet of exposure directly on US Route 209 and 1100+ feet on Old Route 209. This substantial 5. 9+/- acre property is backed by Tractor Supply, next to Walmart, and across from a facility that employs over 600 people. The restaurant building is equipped with sprinkler system, alarm system, central AC, offers over 6000 SF on main level and has several dining rooms, large bar, and a beautiful private wedding suite with restrooms and lounging space. The second level offers additional square footage with offices, storage, and restroom. There is no lack of storage with exterior containers for seasonal items along with plenty of interior space and shelving for everything you will need. The offer includes walk ins, fully equipped kitchen, tables, chairs, tableware, full bar, glassware, TVs, and more (inventory list available). Icing on the cake is a heated 8000 SF event tent decked out for the fanciest of fests with chandeliers, wet bar and dance floor. Opportunity is knocking!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,095,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $876,000 | $876,000 | $876,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.007% | 5.932% |
| Monthly Tax Payment | $2,075 | $2,075 | $2,075 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,837 | $5,182 | $7,274 |
| Total Monthly Payment | $7,037 | $7,382 | $9,474 |
* 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.