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A truly unbelievable opportunity to step into a turnkey restaurant/brewery business in gorgeous southern Vermont. The Whetstone Station and is an unparalleled WATERFRONT restaurant/beer bar perched on the Conn. River that has been deemed "one of the most beautiful places in New England to have a beer" by Travel & Leisure with outstanding views up and down the river that can only be described as a one-of-a-kind location. The 240 permitted seats are a combination of interior and exterior seating including the covered rooftop "Bier Garten" providing an outdoor dining experience like nowhere else in the region. The entire interior was completely renovated over the past 12 years including the kitchen in 2017. The Brewery component of the business consists of three 3. 5 BBL unitank jacketed fermenters, a 4 BBL jacketed brite and a 10 BBL jacketed unitank, commercial glycol system, computer temp control and an agreement in place for wort production off site. This is a chance to own and operate a world class location beer bar with a selection of your own in house brewed beers. The combination of the waterfront location, in house brewery and unique setting for a memorable dining experience due to the indoor and outdoor seating with waterfront and mountain views makes this a dream opportunity and a must see. Additional info and financial data available.
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$999,000
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 | $799,200 | $799,200 | $799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,335 | $1,335 | $1,335 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,229 | $4,664 | $6,530 |
| Total Monthly Payment | $5,656 | $6,091 | $7,957 |
* 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.