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35 Spring Street, Newport, NH, 03773 | $1,900,000
8 years of love sweat & tears went into the restoring of this one-of-a-kind business with attached 2 bedroom apartment attached. This nearly 10, 000 square foot business also has a full basement with usable space too and poured concrete floor & attached garage. This business just off high traffic Route 11 has had a number of other successful businesses. Former businesses here: The Old Yankee Salvage Company, The dance club called Endeavor the Newport Clothing Mfg Corp and was the home of Hollywood star Billy B. Van aka: The Sunshine Peddler. This Wonderful site was a farm and creamery and had several stages of development to bring it to it's current state. Some of the best uses of this property are: a Furniture store, a Manufacturing Plant, Car or Tractor Sales, a Convention Center, a Wedding Venue, a Distribution Center or perhaps a Restaurant. The Full Basement is 4, 200 sq' and Barn w/apartment is 8304 sq'. Come experience this desirable site for yourself, Seller welcomes out of box thinkers and serious inquiries.
Features
- Property Type: Business,Industrial
- Construction: Wood Frame
- Parking: Garage,Parking Spaces 21+,Paved
- Heating: Furnace - Pellet
- Cooling: None
- Units: 1
- Zoning: Com/Ind
- Frontage: 500
- Year Built: 1900
- Approx Sq. Feet: 12,504
- Acreage: 1.03
- Est. Taxes: $6,480
- MLS#: 5024965
- Website: https://www.raveis.com
/prop/5024965/35springstreet_newport_nh?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 12/24/2024Listing courtesy of eXp Realty Phone: 888-398-7062
Listing Agent: Donald Goudreau
William Raveis Family of Services
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@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
35 Spring Street, Newport, NH, 03773
$1,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
| Monthly Tax Payment | $540 | $540 | $540 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,991 | $9,733 | $12,930 |
| Total Monthly Payment | $9,656 | $10,398 | $13,595 |
* 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
NH Mortgage Banker #11083-MB