Turn-key opportunity to own this 2,600+ sq ft commercial building situated on 1.2 acres with high volume traffic location! Features include newer paved parking lot w/25 spaces, separate outdoor seating/eating area, additional gravel/stone parking area and more. Previously used as a restaurant and sale includes all commercial equipment. There are opportunities for other uses including retail, market, bakery, brewery, etc. Possibility that zoning may allow additional building in rear. Buyer is responsible for doing their own due diligence with town. Conveniently located two miles from Northford center.
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Listing courtesy of Peter Carbutti, Carbutti & Co., Realtors Email: peter.carbutti@gmail.com
1874 Middletown Avenue, North Branford, CT, 06472
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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