3002 White Mountain Highway, Conway, NH, 03860-2128 | $1,750,000

A slice of Ireland in the heart of North Conway! May Kelly's Cottage is a truly authentic Irish Bar & Restaurant that has become one of the most acclaimed Irish Restaurants in the country. The owners, originally from Ireland, have taken great pride in providing authentic Irish Fare, and have earned a reputation for the finest food representative of the Irish Pub. Entering May Kelly's will take you back in time as you disccover the massive collection of antique treasures including signs from near and far, and photos and memorabilia that will have you feeling you are back in Ireland. This is a wonderful opportunity for new owners, with owners quarters, to build on the current strong business. A turn key operation, ready for you to hit the ground running. With several different rooms for private dining or small parties, the restaurant can be intimate or the midst of the crowd. An outdoor deck has wonderful mountain views, and overlooks the vegetable and herb gardens that provide some of the ingredients for the restaurant menu. Besides the restaurant and Bar, an adjacent Barn (that for sure needs work) creates opportunity for whatever you wish. A large commercial kitchen built for good flow and very well equipped serves the establishment to perfection. And the Location just outside North Conway Village is awesome! In May, the owners installed a new AC Unit for the bar area, installed a new floor in the Kitchen, and purchased new kitchen equipment to the tune of almost $65, 000.

Features

  • Property Type: Business,Hospitality,Opportunity
  • Construction: Wood Frame,Wood Siding
  • Parking: Off Street,On-Site
  • Heating: Forced Air
  • Cooling: Central AC
  • Units: 1
  • Zoning: Highway Commercial
  • Frontage: 315
  • Year Built: 1926
  • Approx Sq. Feet: 5,381
  • Acreage: 1.62
  • Est. Taxes: $9,341
  • MLS#: 4928165
  • Website: https://www.raveis.com
    /prop/4928165/3002whitemountainhighway_conway_nh?source=qrflyer
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Listing courtesy of KW Coastal and Lakes & Mountains Realty/Dover   Phone: 603-610-8500
Listing Agent: Gerry OConnell

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3002 White Mountain Highway, Conway, NH, 03860-2128

$1,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,400,000 $1,400,000 $1,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $778 $778 $778
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,282 $8,849 $12,004
Total Monthly Payment $9,185 $9,752 $12,907

* 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.