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Historic Whittemore Tavern originally constructed in 1720 and expanded/updated in 2001, currently home to 2 thriving businesses at 114 South Main St. Total parcel size is . 94 acre, including the lot with a small structure at 126-130 S. Main, which will convey with this sale. The 3, 017 square-foot building is home to a well-known and successful ice cream retailer on the main level, and a popular dance studio upstairs (20 years here as a tenant). Excellent, clean and bright interior condition throughout both businesses, with some exterior cosmetic maintenance needed at this turn-key operation. Beautiful wraparound porch and mature trees contribute to the curb appeal enjoyed by locals at this well-recognized location. Public water and sewer, updated electrical and plumbing, with oil and propane heating plus Central A/C on the main level. Basement is spacious and easily accessed for storage. Heating, A/C and hot water are solid, while oil tank is brand new. Prime Valley location just a minute off Route 8 and plenty of easy parking have made this a convenient and popular ice cream and dance studio destination for decades! The lot is perfectly level and wide open, with the easy possibility of a second business being added. A great opportunity to take advantage of! Viewings at this property can take place between 8 am and 10 am only. Listing agent will be present for all showings. Lease for ice cream business contains an escalation clause, listing agent will provide details. 2025 taxes for 126-130 S. Main St were $1, 296.
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William Raveis Real Estate
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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 | $328,000 | $328,000 | $328,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.697% | 6.650% | 5.992% |
| Monthly Tax Payment | $533 | $533 | $533 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,993 | $2,073 | $2,724 |
| Total Monthly Payment | $2,601 | $2,681 | $3,332 |
* 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.