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49 Market Street, Somersworth, NH, 03878 | $675,000
This former church in the center of Somersworth has seen many updates and is in very good condition. Updates include electrical, heating, air conditioning, ADA bathrooms and full commercial kitchen to name a few. Has been approved for and used as a function hall “The Hall at Great Falls” hosting weddings, comedy shows, concerts and events with occupancy approved for 300 people, food service license, and approved for liquor license from the state of NH. Large commercial kitchen in the first floor with meeting room or function space and large bathrooms. Second floor is wide open three story function space with wood floors, large glass windows and stage, bar and two bathrooms, third floor has a balcony on one end and two private rooms on the other end. Building is a total of 9444 sq. ft. with 4 bathrooms on two separate floors and a fire sprinkler system. There are 2 parking spaces on the . 287 acre property and the city has allowed parking for their events on street and parking in the GE lot nearby.
Features
- Property Type: Business,Hospitality,Investment,Opportunity,Other
- Construction: Wood Frame,Vinyl Siding
- Parking: On-Site,On Street
- Heating: Forced Air
- Cooling: Central AC
- Zoning: BH
- Frontage: 126
- Year Built: 1828
- Approx Sq. Feet: 9,444
- Acreage: 0.29
- Est. Taxes: $13,996
- MLS#: 5007914
- Website: https://www.raveis.com
/prop/5007914/49marketstreet_somersworth_nh?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 11/5/2024Listing courtesy of Keller Williams Realty-Metropolitan Phone: 603-232-8282
Listing Agent: T.J. Potter
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49 Market Street, Somersworth, NH, 03878
$675,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| 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 | $1,166 | $1,166 | $1,166 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
| Total Monthly Payment | $4,851 | $4,847 | $5,812 |
* 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
NH Mortgage Banker #11083-MB