Prime Commercial Property in Historic Callicoon: A Gateway to Business Renaissance. Seize the unique opportunity to own a pivotal piece of Callicoon's retail landscape with this charming commercial property, dating back to the late 1800s. Positioned strategically on Upper Main Street, this building has witnessed the evolution of Callicoon from a quaint town into a burgeoning hub for business and culture, making it an ideal location for your next venture. This well-maintained property spans two stories, with a rich history of where the owner lived upstairs while operating a business downstairs, currently it is fully retail a testament to its versatile commercial potential. It is fully equipped to meet modern business needs, featuring municipal water and sewer, central air and heat, a sump pump, and a stacked stone wall foundation with a concrete basement floor. The property is designed to be accessible, boasting ADA-compliant side and rear entrances that ensure convenience for all patrons. The commercial space currently houses an antique emporium, offering a glimpse into a world of eclectic treasures. This space includes a bonus small retail corner unit with its own entrance, which has served various purposes from a food takeaway to an ice cream stand, benefiting from backyard tables set under the scenic canopy of trees. Whether you choose to continue the antiques business with contents available for acquisition or to empty the space for a fresh concept, the possibilities are as vast as your vision. Additionally, the property features a large upper outdoor deck and a spacious backyard, perfect for hosting events or creating an inviting outdoor customer experience. A convenient half bathroom enhances the functionality of the space, making it ideal for both staff and visitors. Situated in the heart of Callicoon, a community known for its vibrant growth and development, this property offers a golden chance to craft your dream business in a location primed for success. Don't miss out on this commercial gem, where historical charm meets modern opportunity in the scenic setting of Callicoon on the Delaware River!
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $529 | $529 | $529 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,635 | $2,601 | $3,340 |
Total Monthly Payment | $3,239 | $3,205 | $3,944 |
* 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.