Here is a great commercial opportunity at 84 Bay St, Wolfeboro, situated in the Bay Street Limited Business District. This prime location sets the stage for a thriving enterprise, offering a versatile first-floor commercial space ideal for medical, professional, or office use. This building has been well cared for and is ready for the next owner. Upstairs, you will find a 2-bedroom, 1-bathroom apartment providing an excellent opportunity for additional income generation. Apartment is separately metered and separate furnace. With partial views of the Back Bay of Lake Winnipesaukee, this residential space adds a unique appeal, making it a desirable asset for potential tenants or on-site management. There is a second tenant who uses the back unit as a pilates studio. Permitted uses of this business district include, but not limited to: Single detached dwelling, Duplex dwelling, Artisan studio, Business services, Professional offices, Personal services, Restaurants, Retail, Day care, Bed-and-breakfasts, Inns. See Wolfeboro zoning for more information. Don't miss your chance to make this commercial real estate venture a reality.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $423 | $423 | $423 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,082 | $3,079 | $3,906 |
Total Monthly Payment | $3,596 | $3,593 | $4,420 |
* 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.