Welcome to 76 State Street, a prime retail opportunity nestled in the heart of downtown Bristol, RI. This versatile property offers a total of 2, 321 square feet of potential, perfectly poised to accommodate your business aspirations. Situated on a 3, 071 square foot lot, this location is ideal for entrepreneurs looking to make their mark in a vibrant community.
The property features two distinct spaces, each with its own unique history and potential. One side previously operated as a dry cleaning business, providing a solid foundation for a variety of retail ventures. Rent for this unit is $3000/monthly The other side was home to a popular restaurant, featuring large windows that provide excellent visibility for any business. Rent for this unit is $2000.
Both spaces are available for rent, with flexible rental options designed to assist new tenants in their renovation endeavors. This is an exceptional opportunity to customize and create a space that truly reflects your business vision.
With its strategic downtown location, 76 State Street offers excellent visibility and accessibility, making it an attractive choice for businesses seeking to thrive in a bustling area. *All materials in units will be cleaned out prior to new tenants vacancy.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,400 | $2,400 | $2,400 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $425 | $425 | $425 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $20 |
Total Monthly Payment | $516 | $516 | $520 |
* 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.