In the heart of Barre City, you'll find 200 North Main Street, home to Boisvert's Shoe Repair for generations. Large storefront windows welcome you as you approach the building letting lots of natural light into the show room. The family run business currently operates on the first floor. The first floor provides ample room for retail space, a workshop area and back room. Upstairs the property features a kitchen, 1/2 bath and 4 other rooms currently used for storage. The space could be used in a number of ways to bring in additional income. The property comes with 2 parking spaces out back however there is additional metered parking on the street out front and out back on Merchant Row, for customers to use when visiting the shop. Traffic through downtown Barre is steady providing lots of exposure. Many improvements have been made to the building over the years. To name a few, this building boasts a new roof, new paint and carpeting, a new Bosch boiler and on demand water heater, a new commercial grade dehumidifier and 1/2 HP Sump Pump.
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Our Executive Mortgage Banker:
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$279,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,200 | $223,200 | $223,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $628 | $628 | $628 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,448 | $1,429 | $1,853 |
Total Monthly Payment | $2,151 | $2,132 | $2,556 |
* 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.