Great opportunity to lease a turnkey, established, operating restaurant serving authentic Asian cuisine (Korean, Japanese, Chinese food) with liquor license. 18+ years under the current ownership, 4. 6 ratings on Google, 2800 square feet (sits up to 100 people) with office, private banquet/event room, liquor bar, 2 restrooms, sushi bar and full basement (with 1 restroom). Plenty of parking spaces. Rent includes all furniture, kitchen equipment, and liquor license. This location offers high visibility with busy traffic volume, close to Cranston YMCA, recreational parks, schools, banks and other commercials. Take over immediately to run an Asian food restaurant or revamp it for any type of food serives and restaurant of your choice.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,040 | $3,040 | $3,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $917 | $917 | $917 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $21 | $20 | $26 |
Total Monthly Payment | $1,013 | $1,012 | $1,018 |
* 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.