High visibility location on NH RT 125/Calef Highway located just off of Exit 7 of NH RT 101 with 200ft +/- of frontage. This location has traffic counts of 21, 000VPD dating from 2015 with traffic increasing since then. This property comprises 2. 2 +/- acres of flat land with 25 paved parking spaces. Property has a small man-made pond. Current zoning is HC - Highway Commercial with permitted use of retail/wholesale and professional establishments as well as commercial planned development and many other uses. Property is located adjacent to high density residential zoning. Bring your own restaurant equipment and take over the well-known Haven Restaurant with 100+ seats (24 inside/80 outside with room for expansion) or bring your vision for a redeveloped property. Restaurant, which was built in 1986, previously held a beer and wine license for both inside and outside dining. Property has a drilled well, municipal sewer, three phase power , and easy access to NH RT 101 and Manchester-Boston Regional Airport. There is municipal water at the street. Selling price includes land and building only.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,099 | $3,057 | $3,879 |
Total Monthly Payment | $3,191 | $3,149 | $3,971 |
* 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.