A landmark commercial property is now available for sale. Formerly home to Bessie’s Lunch, a restaurant with a legacy of over 65 years, this 0. 689-acre parcel, 1, 144 sq. ft. building offers unmatched visibility, prominent signage, and ample parking. This 1940-built property benefits from exceptional traffic exposure, with over 17, 000 vehicles passing daily, making it an ideal location for various retail or professional uses. Suitable for restaurants, healthcare facilities, banks, offices, insurance agencies, real estate firms, law offices, contractor bays, convenience stores, and more, this versatile space provides significant potential for business owners or investors. Conveniently located just minutes from the Epping town line and Brickyard Square Retail Shops. The property also offers easy access to Route 101, with seamless connections to I-95 and I-93. This rare opportunity combines high-traffic visibility, development potential, and a prime Brentwood location, making it an excellent investment for anyone seeking a prominent commercial space. Please see the attached engineering report for more information. This property needs further renovation or redevelopment, but it has tons of potential! The seller is selling as-is, where-is, in its current condition.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $304,000 | $304,000 | $304,000 |
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 | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,048 | $2,020 | $2,564 |
Total Monthly Payment | $2,561 | $2,533 | $3,077 |
* 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.