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545 1St Nh Turnpike, Northwood, NH, 03261 | $475,000
Situated on well-traveled Route 4 and considered to be part of well known antique alley, this property ensures excellent visibility with prominent signage. It is easily noticeable from the main road and is in close proximity to key amenities such as antique shops, restaurants, cafes, grocery stores, gas stations, financial institutions, Northwood Lake, and Northwood State Park. This commercial property, previously utilized by a church, has been inactive for several years. It presents a unique opportunity for various uses, subject to site plan approval in accordance with Northwood's zoning regulations. The town does not have zoning districts, potentially allowing for flexible development options. Buyers are encouraged to participate in the planning board meetings held on the last Thursday of each month to discuss preliminary use plans before seeking formal approval. With the property's current assessment as a church, it can continue to serve a religious organization or be adapted for a variety of commercial purposes. This property offers an excellent opportunity to establish your next business venture in a high traffic and accessible location.
Features
- Property Type: Other
- Construction: Wood Frame,Wood Siding
- Parking: Parking Spaces 21+
- Heating: Forced Air
- Cooling: None
- Zoning: RURAL
- Frontage: 140
- Year Built: 1850
- Acreage: 0.42
- Est. Taxes: $0
- MLS#: 5006075
- Website: https://www.raveis.com
/prop/5006075/5451stnhturnpike_northwood_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/21/2024Listing courtesy of Keller Williams Realty-Metropolitan Phone: 603-232-8282
Listing Agent: Krissy LaPorte
William Raveis Family of Services
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978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
545 1St Nh Turnpike, Northwood, NH, 03261
$475,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,309 | $2,309 | $3,003 |
| Total Monthly Payment | $2,384 | $2,384 | $3,078 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB