This is a rare opportunity to acquire a well-established business and prime commercial property that has been a cherished part of the community for over 50 years. Herb's Country Store is known for its fresh, locally sourced organic produce, dairy, and specialty foods. With a loyal customer base and an impeccable reputation, the business continues to thrive and presents room for growth or new business ideas. The property benefits from exceptional visibility, with approximately 15, 600 vehicles passing by daily. Zoned C-1, the property allows a wide range of permitted uses, making it an ideal location for a variety of ventures. Whether you're interested in continuing Herb's legacy or pursuing other opportunities like a restaurant, daycare, mixed-use apartments, gym, pet shop, barbershop, government office, laundry, and more, the possibilities are endless. The current owner is willing to introduce the new owner to over 45 trusted vendors, ensuring a smooth transition. Included in the sale are essential equipment such as 2 walk-in coolers, 4 upright freezers, refrigeration units, and shelving, all in good working condition. The property has been well-maintained with city sewer and city water ready for immediate use. Financial details are available to serious buyers upon signing an NDA. Take the reins and build upon Herb's legacy, or create something new in this prime location with unlimited potential. Don't miss out-schedule a tour today!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
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 | $253 | $253 | $253 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,260 | $2,867 |
Total Monthly Payment | $2,619 | $2,588 | $3,195 |
* 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.