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Business owners take note! An opportunity of a lifetime to acquire, own and operate this historic fully-equipped professional chef's restaurant & classy bar in the City of Hartford, Connecticut -- the city that has it all & is full of possibilities! A gem in the heart of Hartford! This retail condo, located at the intersection of Main Street & Capitol Avenue, sits at a major crossroads of the city & is one of two units available for sale with a running restaurant & bar business. That's right, two retail condo units & an operating business to boot! Listed separately but must be purchased together. Established restaurant owners or adventurous entrepreneurs, make your mark on Main Street -- the perfect setting for your culinary creativity, vision & exploration! Rumor has it that this historic building, built in 1895, was once owned by Al Capone & subsequently former professional boxer Mike Tyson, sheesh kebabz, can't beat that! Gotta see it to believe it! It's not everyday that properties and businesses like this come up on the market. Come check it out!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $426 | $426 | $426 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,912 | $2,015 | $2,651 |
| Total Monthly Payment | $2,413 | $2,516 | $3,152 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.