|
|
Entrepreneur's Dream! Step into a world of endless potential in the historic Newberry Building. Built in 1938 with robust masonry and steel construction, this one-of-a-kind property offers the ultimate "live, work, and play" lifestyle. Situated in a prime location with excellent visibility, this building is a proven success story, having housed two of the town's most beloved restaurants: The Wunderbar and The Moon Dog Café. The first floor offers a massive 10, 000 sq. ft. of commercial space with a full basement and impressive 12-foot ceilings. The updated plumbing (2004), 3-phase wiring, and oil heat with a steam boiler provide a solid foundation for any business venture. The second floor presents a unique opportunity, featuring a spectacular 3, 000 +/- sq. ft. apartment. This spacious living area includes a huge dining room, a well-appointed kitchen, and 2+ bedrooms. The rest of the floor's 7, 000 sq. ft. is dedicated to storage and three tastefully renovated Airbnb units, providing consistent rental income. With three assigned parking spaces, nearby public parking, and proximity to the train, this property is not just a building—it's an investment in a thriving future. Additional information available to qualified buyers, financials, building plans (modifications) and Condominium Docs.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/5/2025Our 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.292% | 5.628% |
| Monthly Tax Payment | $1,020 | $1,020 | $1,020 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,501 | $3,646 | $4,863 |
| Total Monthly Payment | $4,613 | $4,758 | $5,975 |
* 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.