In the charming town of Fair Haven, Vermont, this beautifully renovated building offers a unique blend of commercial and residential opportunities, making it an ideal investment for both business and lifestyle. The first floor is a versatile space, currently home to a brewery. With its tasteful renovations, it’s ready to continue to operate as is or transform into the business of your dreams—a cozy sandwich shop, a boutique gift store, or whatever venture you envision. The second floor features a spacious two-bedroom, one-bathroom apartment that has been fully updated with modern amenities. Looking out the windows you’ll enjoy views of downtown Fair Haven. On the third floor, you'll find a studio apartment, that with some fire and safety updates, offers great potential as a separate living space for added income or could be combined with the second-floor apartment to expand the living area without the need for added compliance. Situated in the heart of Fair Haven, this building is within walking distance of local shops, restaurants, a small farmers market, and lively park events. It’s a perfect opportunity for an entrepreneur looking to establish a business while enjoying the convenience and charm of small-town living. Whether you're an investor or someone seeking a unique home, this property is ready to fulfill your vision.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,900
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 | $287,920 | $287,920 | $287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,940 | $1,914 | $2,428 |
Total Monthly Payment | $2,390 | $2,364 | $2,878 |
* 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.