An exceptional opportunity awaits with the sale of 694 Quechee Main Street, an esteemed wellness haven in the heart of Quechee, Vermont. Boasting a rich history and a steadfast commitment to holistic wellness, this distinguished property presents a rare chance for investors to enter or expand their portfolio in the thriving hospitality market. This cherished property is currently home to the renowned Strong House Spa, which is amidst Vermont's breathtaking landscapes. With a comprehensive range of services, including massage therapy, facial treatments, and holistic therapies such as aromatherapy and reiki, the spa has earned a reputation for delivering exceptional experiences to its discerning clientele. Beyond its current use, 694 Quechee Main Street offers boundless potential for repurposing. Whether envisioning a private medical care clinic, state-of-the-art physical therapy center, boutique restaurant, brewery, or any other business in mind with proper approvals from the town. The property's versatile layout and prime location provide a solid foundation for success in various business ventures. With its proven track record of profitability and dedicated client base, 694 Quechee Main Street represents a lucrative business opportunity and a chance to contribute meaningfully to the wellness tourism sector. Take the next step towards securing your investment in 694 Quechee Main Street. Schedule a private viewing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,538 | $1,538 | $1,538 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,512 | $9,359 | $12,622 |
Total Monthly Payment | $10,175 | $11,022 | $14,285 |
* 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.