An incredible opportunity awaits with this well-established hardware store located on bustling Main Street. This cornerstone business has been serving the community for several years, providing a wide range of hardware supplies, specialty stoves, tools, and home improvement products. The store enjoys a loyal customer base and a prime location with great visibility and high daily traffic counts making it a lucrative investment for entrepreneurs looking to step into a new venture. The store features a spacious retail area of 5, 000 sqft with well-organized aisles and shelving, a comprehensive inventory list (all included with the sale), and a modern POS system for efficient transactions. It also includes ample parking space for customers. Mini splits offer both heating and cooling with backup oil heat. This hardware store is a cornerstone of the community, known for its reliable products and friendly service. With its prime location on Main Street and a history of steady performance, it offers a turnkey solution for aspiring business owners. Sellers are willing to do a formal transition and train a new owner on the ins and outs of the business. The established brand has a strong reputation for exceptional customer service and expert advice. Detailed financials and inventory records are available upon request with a signed NDA. A new owner could use this space as it is, or create their own vision and dream. The versatility and options are endless.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,197 | $4,546 | $6,069 |
Total Monthly Payment | $4,289 | $4,638 | $6,161 |
* 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.