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59 Parker Road, Danville, VT, 05828 | $680,000
EXCELLENT opportunities await at this highly visible, 2. 56 acre commercial lot with road frontage on both sides of the property. Route 2 is the main corridor across the state so traffic is consistent. Currently, the commercial venue houses the well-established restaurant & bar, "Goodfellas" and there is an attached four bedroom farmhouse in good condition. LOCATION is everything; This is not just highly visible & easily accessed, but this location is right across the road from the Lamoille Valley Rail Trail which is also VAST in the winter months. There is an opening on the trail conveniently right at the start of Goodfella's driveway which means this restaurant is ALSO highly visible to folks using the trail. This restaurant is permitted for 100 seats, including 40 in the bar and 60 in the dining rooms. Whether you want to continue this as a restaurant, or cultivate other creative options, you have the space both inside & outside to capitalize on those ideas, and don't forget you can either live in the 4-bedroom farmhouse, or rent it out for additional income!
Features
- Property Type: Business,Hospitality,Investment,Opportunity
- Construction: Wood Frame,Wood Exterior
- Parking: Deeded,On-Site,Parking Spaces 21+,Paved
- Heating: Baseboard,Hot Air,Radiant,Stove - Pellet,Oil,Pellet Stove,Mini Split
- Zoning: Commercial
- Acreage: 2.56
- Est. Taxes: $7,047
- MLS#: 5022316
- Website: https://www.raveis.com
/prop/5022316/59parkerroad_danville_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/24/2024Listing courtesy of Parkway Realty Phone: 802-748-8169
Listing Agent: Amy Bedor
William Raveis Family of Services
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888.699.8876
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To learn more about our credentials, visit raveis.com today.
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
59 Parker Road, Danville, VT, 05828
$680,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
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 | $544,000 | $544,000 | $544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $587 | $587 | $587 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,619 | $3,616 | $4,664 |
| Total Monthly Payment | $4,298 | $4,295 | $5,343 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484