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4697 Main Street, Manchester, VT, 05255 | $350,000
Recently Gutted and RESTORED 2021-22 Nipper's Cafe business opportunity offers a completely new Kitchen, Stoves, Water Service, Refrigeration equipment and 50 Seat Restaurant site featuring all new booths, tables, chairs, flooring, baths. . . Real estate is lease for buyers of business at very reasonable rate, $2500 triple net 3 years renewable 7year at 3K triple net. It's in A-1 condition and design appeal! The Stunning transformation is incredibly intelligent planning and design by the seller's who know the business well. The former attached accessory space has also been transformed, creating Cold Cow Creamery or create a take out area away from the restaurant entry and offer's additional business benefits. Located in an exceptional walk by and easy parking access area, the EXPOSURE is premium for the Manchester and the Mountains area! Mountain Views . . . paved parking galore! This is an opportunity unlike any! Currently, a breakfast/lunch with the ice cream until 8 pm, it is not limited and can become any restaurant venue one dreams of having in Manchester. Efficient, Highly Functional and Clean! Triple net lease 2500/m X 3 years. (add Landscaping, Snow removal/sanding, driveway clean up, insurance, maintenance. ) This is the opportunity that may not be resisted!
Features
- Property Type: Business
- Construction: Wood Frame,T1-11 Exterior,Wood Siding
- Parking: Parking Spaces 21+,Paved
- Cooling: Mini Split
- Units: 2
- Zoning: C-1
- Frontage: 100
- Year Built: 1971
- Acreage: 0.21
- Est. Taxes: $6,700
- MLS#: 4963393
- Website: https://www.raveis.com
/prop/4963393/4697mainstreet_manchester_vt?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 6/27/2024Listing courtesy of Josiah Allen Real Estate, Inc. Phone: 802-867-5555
Listing Agent: Laura Beckwith
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
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To learn more about our credentials, visit raveis.com today.
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@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
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4697 Main Street, Manchester, VT, 05255
$350,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
| Monthly Tax Payment | $558 | $558 | $558 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,401 |
| Total Monthly Payment | $2,496 | $2,494 | $3,034 |
* 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