Existing Build-Out Restaurant and Kitchen. fully equipped, Appliances and with a Large Commercial Kitchen and Hood. Located in an area with excellent demographics, visibility, and traffic counts.
Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery, catering, and corporate opportunities in the area.
Located in a busy Hotel, This Restaurant is approximately 3, 000 sq ft including the Kitchen Area and the immediate Lobby Hotel entrance area Bar Area in front of the Restaurant and ready to be occupied by the right Restaurant Concept. Fully Equipped Kitchen.
Asking $150, 000 for the Key Money and $12, 770/month
To move in 1st Month, Last Month and 2 Months Security Deposit
GREAT OPPORTUNITY. !!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,770
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $10,216 | $10,216 | $10,216 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $15,785 | $15,785 | $15,785 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $70 | $68 | $87 |
Total Monthly Payment | $15,930 | $15,928 | $15,947 |
* 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.