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48 Main Street, Orleans, MA, 02653 | $695,000
BUSINESS ONLY: Uncover a historic gem with S. Wilder & Co. , Inc. , the iconic Cape Cod Lanterns (TM) that has illuminated Massachusetts since 1836. Step into a legacy of success with this S-Corp establishment that has stood the test of time, offering a unique investment opportunity with a storied past and a bright future. Representing a curated selection of artisanal brands, this investment opportunity promises not just a return on investment, but a return on passion for the art of lighting design. Located in the heart of Orleans Village, on Main Street, the business enjoys its location. The site is a high visibility Cape Cod walking village location that is easy to get to from all over the Cape Cod Region. Cape Cod Lanterns is one of the oldest continuously operating businesses in the Commonwealth of Massachusetts. The company has a UL File, and is the only Lantern Shop on the Cape with the ability to fabricate lighting that is UL Listed, The customer list consists of approximately 9, 500. A wonderful opportunity to capture a traditional business in New England's Cape Cod. Great history, business, location, and financials make this a super opportunity for you! Easy to show!
Features
- Property Type: Business
- Current Use: Retail, Retail Business
- Permitted Use: Retail, Retail Business
- Construction: Shingle Siding, Sheet Rock
- Levels: 1
- Heating: Other
- Cooling: Wall Unit(s)
- Approx Lot Sq. Feet: 8,276
- Units: 1
- Zoning: VC
- Year Built: 1900
- Approx Sq. Feet: 3,670
- Acreage: 0.19
- Est. Taxes: $3,200
- School District: Nauset
- Appliances: Electric Water Heater, Water Heater
- Lease Term Type: SF./Year
- MLS#: 22405755
- Website: https://www.raveis.com
/prop/22405755/48mainstreet_orleans_ma?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@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
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
48 Main Street, Orleans, MA, 02653
$695,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
| Monthly Tax Payment | $267 | $267 | $267 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,746 | $3,793 | $4,805 |
| Total Monthly Payment | $4,105 | $4,152 | $5,164 |
* 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
MA Mortgage Lender and Mortgage Broker #MC2630