Welcome to this unique opportunity in the heart of Guilford, where history meets business potential. Nestled alongside the picturesque Millpond, this antique building offers an experience that blends charm with functionality. At the forefront of this offering is a tile shop, boasting a spacious 1200 square foot showroom. With its prime location and captivating views, this showroom serves as a canvas for showcasing exquisite tile designs, while also providing a comfortable office space and a convenient bathroom for customers and staff. Descend the stairs to discover a hidden gem-the basement area, ripe with potential for expansion or additional showroom space. Here, the ambiance is truly unique, as the gentle flow of the West River beneath the building adds a soothing backdrop to your business operations. The possibilities for this property are as varied as they are exciting. Whether you envision maintaining the current tile shop and showroom, transforming the space into an art gallery to showcase local talent, or establishing a professional office such as an attorney's practice, the flexibility of this building allows you to turn your vision into reality. With this sale, you're not just acquiring a building-you're gaining an additional business that complements the tile shop seamlessly. A tile contractor business rounds out this package, offering a diverse revenue stream and opportunities for growth. Don't miss out on the chance to own a piece of Guilford's rich heritage while simultaneously investing in its vibrant future. Schedule a viewing today and explore the endless potential that awaits within these historic walls.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
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 | $500 | $500 | $500 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
Total Monthly Payment | $2,837 | $2,835 | $3,442 |
* 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.