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Situated in the heart of Plainville, this property offers a prime spot for attracting both foot and vehicle traffic with 72' of road frontage. This commercial property is a rare find with its combination of location, amenities, and potential. High visibility for your business with two beautiful storefront windows. Spanning 4, 342 sqft, this brick building exudes strength and durability. Equipped with gas heat and central air for year-round comfort. Enjoy the convenience of on and off-street parking, including 10 spaces in a private rear lot and additional public parking across the street. Currently operating as BOLO Cafe/Bakery/Restaurant, a beloved local spot. All bakery and restaurant equipment will transfer with the sale, including a walk-in fridge, walk-in freezer, ovens, pizza oven, dishwasher, and much more. Continue running the existing business, lease part of the building for additional income, or launch a new venture for example a gym, cross fit, hair or nail salon, retail, restaurant, Rehab services, Pilates/Yoga, etc. , the possibilities are endless. A remarkable business opportunity at a competitive price point. Don't miss out on making this prime spot your own and tapping into the vibrant Plainville market. Why rent your new business location when you can own! ** Owner financing is a possibility**
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William Raveis Real Estate
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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 | $359,999 | $359,999 | $359,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $806 | $806 | $806 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,087 |
Total Monthly Payment | $3,306 | $3,274 | $3,968 |
* 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.