PRICE REDUCTION! Situated in the heart of downtown Waterbury, this impressive three-story building offers an unparalleled opportunity for your new business venture. Already built for a restaurant/ bar and in an enterprise/ tech zone, this building Boasts over 7, 500 square feet of space & was previously a highly successful restaurant. Walking in you'll notice the hand crafted mahogany cabinetry with custom exquisite woodwork that exudes character and charm. The existing kitchen comes equipped with over $100, 000 worth of premium kitchen appliances, bars set ups on 2 floors. The amount of space you have in this building is unbelievable. Utilize the bar/ restaurant & chairs for your own similar venture or turn the building into a business plan you've dreamed of. Being across from the Waterbury Green you have a tremendous amount of foot & vehicle traffic passing by daily where you'll get a ton of road presence. Basement offers plenty of storage and also has a walk in freezer. 1st and second floor have beautiful hardwood flooring and custom mahogany woodwork. 3rd floor allows for more expansion and also has a private office area with full bathroom for back office work. With the town of Waterbury growing so fast this could be a great opportunity to move your business to an emerging area for a great price. Take advantage of some of the city incentives!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $894 | $894 | $894 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,692 |
Total Monthly Payment | $3,093 | $3,091 | $3,661 |
* 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.