|
|
Historic mixed-use investment and redevelopment opportunity in the heart of West Nottingham. Formerly home to the well-known Demmons Store, this landmark property has served the community for generations and continues to house the local Post Office within the building. Once a stagecoach stop and then a recognizable gathering place and longtime centerpiece of the village, the property offers a unique blend of history, visibility, and future potential. The building includes commercial space along with a 3 bedroom residential apartment and presents a rare opportunity for investors, developers, entrepreneurs, or preservation-minded buyers. Whether your vision is to revitalize the storefront, maintain a mixed-use presence, create income-producing residential units, pursue multifamily investment potential, or undertake a larger redevelopment project, the possibilities are numerous, subject to local approvals. While the property's rich history is an important part of its appeal, future ownership is not dependent on recreating its past use, offering flexibility for a variety of investment and development strategies. The existing property requires significant rehabilitation and is best suited for those prepared to undertake a substantial renovation or redevelopment effort. With its mixed-use designation, prominent location, and deep roots in Nottingham's history, this is a unique opportunity to reimagine a cherished local landmark while preserving its connection to the community.
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 6/9/2026Our 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:
$399,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | $552 | $552 | $552 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,939 | $2,015 | $2,651 |
| Total Monthly Payment | $2,566 | $2,642 | $3,278 |
* 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.