331 Cotuit Road, #2-5, Sandwich, MA, 02563 | $249,999

Turn-key restaurant opportunity in the heart of Sandwich. TOMATILLOS is now available for sale! This is a BUSINESS ONLY SALE. Recently remodeled and fully equipped, is ready for new ownership. Located in a busy business district with exceptional visibility and steady year-round traffic from thousands of visitors and locals daily. This established location offers a seamless transition for an owner/operator or investor looking to step into a proven Cape Cod business address. Known for excellent service, food, spirits, live entertainment & spacious dance floor, the restaurant has 90 seats inside including a large full-service bar. There is substantial parking in the common area parking lots. Tomatillos is located within the heart of the Sandwich Route 130/Cotuit Road Business District. The space was recently remodeled to freshen the decor along with increasing the restaurant's seating capacity in the dining areas and bar. The kitchen and prep areas are fully stocked. This business is long established, has great signage, frontage, parking and the location is superb. Qualified buyers only.

Features

  • Property Type: Restaurant,Condominium
  • Current Use: Restaurant
  • Permitted Use: Restaurant
  • Construction: Brick, Shingle Siding, Clapboard, Sheet Rock
  • Levels: 1
  • Cooling: Central Air
  • Approx Lot Sq. Feet: 354,143
  • Zoning: B2
  • Year Built: 1983
  • Approx Sq. Feet: 14,976
  • Acreage: 8.13
  • Est. Taxes: $77,947
  • Lot Desc: Conservation Area, Major Highway, Shopping, North of Route 28, South of 6A
  • School District: Sandwich
  • Appliances: Gas Water Heater
  • MLS#: 22504154
  • Website: https://www.raveis.com
    /prop/22504154/331cotuitroad_sandwich_ma?source=qrflyer
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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.

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Julia KingSales Associate

860.876.7097

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

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331 Cotuit Road, #2-5, Sandwich, MA, 02563

$249,999

Julia King

Sales Associate

William Raveis Real Estate

Phone: 860.876.7097

Julia.King@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $199,999 $199,999 $199,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.403% 6.431% 5.668%
Monthly Tax Payment $6,496 $6,496 $6,496
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,198 $1,231 $1,621
Total Monthly Payment $7,769 $7,802 $8,192

* 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.