MUST GO! CASH ONLY!
Blanche's is an iconic convenience store, gas station, and bait/tackle store that offers a unique combination of services and products to its diverse clientele. Located on Highway 50 with an annual average daily traffic count of 23, 500, it is a prime commercial property that presents an excellent investment opportunity for anyone looking to own a profitable business. The property includes two parcels of land that equal 1 acre, providing ample space for the convenience store, gas station, and bait/tackle store. In addition, there are two new fuel pumps and four tanks, two 500-gallon tanks for 90 octane and two 500-gallon tanks for 110 octane. This ensures that customers can easily fill up their vehicles and boats with the fuel they need. Blanche's also offers live bait, providing an added convenience for fishermen and boaters in the area. All inventory, equipment, furniture, and fixtures are included in the sale, including commercial refrigerators, coolers, freezers, and a bait tank. The deli comes fully equipped with all the necessary equipment and tables, making it easy for the new owner to start serving delicious food to their customers right away. The property also includes 1500+ sqft of office space that is currently rented, providing additional income for the owner. The deli is 800+ sqft, giving the new owner the option to either keep the tenants or expand their business further. There are two septic tanks and a shared well that provide ample waste disposal capacity and a reliable source of water for the store and its tenants. The current zoning of the property is C1, which allows for a wide range of commercial uses, making it an attractive investment opportunity for those looking to start or expand their business. With its prime location, multiple income streams, and all equipment and inventory included in the sale, Blanche's is an excellent opportunity for anyone looking to own a profitable business. This sale includes two separate parcels, R32 422 20 0000 0410 0020 and R32 422 20 0000 0410 0000.
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $423 | $423 | $423 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,059 | $1,058 | $1,365 |
Total Monthly Payment | $1,557 | $1,556 | $1,863 |
* 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.