EXTRAORDINARY Investment Opportunity: Park Street Pub and Tavern Location: Address: 41Park Street, Northfield, NH 03276 Proximity: Just a stone's throw from downtown Tilton, NH, centrally located to Concord and the Lakes Region. Accessibility: Minutes from Route 93, Highland Mountain Bike Park, and Tanger Shopping Outlets in Tilton, all enhancing customer access. Property Overview: Size: Situated on a generous . 90 acres. Seating Capacity: Turn-key operation with just under 100 seats, ideal for casual dining. An entirely new parking lot with 21+ spaces was completed in October 2024. Facility Features: Operational Status: Fully operational and impeccably maintained, minimizing startup costs for new owners. The restaurant is composed of four dining areas, the pub which features a 14 seat bar with 19 beer taps, 6 high top tables, a lower/upper tavern area with seven booths. In addition, there is a 30 seat patio area. Events Room: Includes an intimate event space with a separate bar, perfect for private gatherings, increasing revenue opportunities. Residential Component: Apartment: Spacious three-bedroom apartment on the second floor, with cozy living space, eat in kitchen, bathroom and laundry room providing potential rental income or living space for owner.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $780 | $780 | $780 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,836 | $6,321 | $8,439 |
Total Monthly Payment | $6,741 | $7,226 | $9,344 |
* 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.