Great Opportunity to purchase a great 4, 932+/- Sq. Ft. building in popular North Conway. The Lakes and Mountains region of New Hampshire has activities that span the whole year giving much more than a seasonal opportunity for property owners. Building is one story, built in 1997, and in great condition. Features currently include a retail area with reception, a large open floor area, with connected sections that each have several private rooms. With the current set up, a medical practice would work very well. The building is a free standing condo in a mixed use assocation. It is adaptable for many retail, medical / office, or other authorized commercial and Residential uses. This can be an ideal Air BnB retreat type destination for large groups or a family compound. North Conway is a year round destination. Besides Skiing at Cranmore, other attractions include retail shopping at Settlers Green, Story Land Theme Park, Conway Scenic Railroad, Kancamagus Hwy, and many trails to explore. Do not miss out, buildings like this don't often come available. If you are looking to own a building for your own business, or as an investment, this could be the ideal building and location! Showings are restricted to Mondays only with 48 hour notice, due to the currently operating business.
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$749,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,138 |
Total Monthly Payment | $4,078 | $4,074 | $5,230 |
* 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.