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108 Main Street, Middlefield (Rockfall), CT, 06481 | $525,000
*Income producing building and turnkey cafe/restaurant for sale* This well kept 2-unit retail property at 108 Main St in Rockfall, Connecticut is now being offered for sale. A new roof was put on approximately 5 years ago and new HVAC was installed around the same time. The property offers ample parking and is currently occupied by a cafe/restaurant and the United States Postal Service. The building is being sold along with the cafe/restaurant business and all of the associated fixtures and equipment. The fixtures include multiple hood and ansul systems, pizza ovens, walk-in cooler, tables & chairs, and much more. The cafe/restaurant seats approximately 40 people and is a very popular local eatery with a loyal following from the surrounding area. The business serves breakfast, lunch and dinner and until recently earned supplemental income through lottery sales. This is a perfect opportunity for an experienced operator or a successful food truck to put down roots and control costs with steady income from the USPS location occupying the other side of the building. Rockfall is a picturesque village located in the town of Middlefield, Connecticut just west of Middletown and not far from Interstate 91 and Route 9.
Features
- Town: Middlefield
- Current Use: Cafe/Restaurant owner/user
- Permitted Use: Cafe/Restaurant owner/user
- Utilities: Electric,Gas
- Heating: Hot Air
- Cooling: Split System
- Units: 2
- Zoning: PC
- Frontage: Municipal Street
- Year Built: 1920
- Approx Sq. Feet: 2,640
- Acreage: 0.24
- Est. Taxes: $4,276
- Lot Desc: Dry
- MLS#: 24063614
- Website: https://www.raveis.com
/prop/24063614/108mainstreet_middlefield_ct?source=qrflyer
Listing courtesy of Harding Commercial Real Estate
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.
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
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203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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108 Main Street, Middlefield (Rockfall), CT, 06481
$525,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| 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 | $356 | $356 | $356 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,830 | $2,791 | $3,542 |
| Total Monthly Payment | $3,278 | $3,239 | $3,990 |
* 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
CT Mortgage Correspondent Lender License 15524