Iconic location looking for a new owner. This location has been on Plum Island for 40+ years serving residents & tourists alike. A rare full kitchen with a grocery store makes this business opportunity unique. True turnkey business awaits a new owner's vision & touch. Strong sales are a great base to add year-round items and ideas to make this business a long-term gem. The kitchen includes a hood, pizza oven, fryolator, deli counter, walk-in fridge & freezer, dough maker, and POS system. The landlord is willing to negotiate a new lease. Take advantage of this prime beach location with a strong customer base & flexible configuration.
29 Plum Island Turnpike, Newbury, MA, 01951
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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