Nestled in the picturesque Catskill Mountain village of Walton, 60 Delaware Street represents a unique business opportunity. Located on a flat 2. 5-acre lot with approximately 110 feet of frontage on bustling State Route 10, this 7, 000 square foot building enjoys prime visibility with an average of 7, 677 vehicles passing daily. 60 Delaware's current incarnation is a successful auto repair and collision facility. The building features a large, combined showroom/office space with an open floor plan. The well-lit, state of the art shop area houses 16 bays with 4 lifts, and a spray booth and large frame machine will be included in the sale. A new roof was installed in 2022, 3-zone natural gas heating keeps utilities reasonable, and ample parking make this facility both modern and convenient - suited to a number of purposes. West Branch Collision and Classics isn't just a collision repair shop; it's a local powerhouse. Known for its thriving pre-owned Subaru dealership, it has captured the hearts of the community, achieving remarkable success over the past five years. The support from loyal customers has been overwhelming, fueling its growth and solidifying its place in the community. Adding to this success, a local towing company leases space on the property, creating a lucrative revenue stream and driving business straight to the shop's doors. Walton has a population of just over 5, 000 but is also a haven for outdoor enthusiasts, known for its Blue Ribbon trout fishing, wildlife (Bald Eagles soar past the display windows at 60 Delaware Street with frequency), and hunting opportunities. This offering is not just a chance to invest in a business opportunity but also to embrace the unique lifestyle that a small -own business in a resort area offers.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,914 | $4,298 | $5,738 |
Total Monthly Payment | $4,006 | $4,390 | $5,830 |
* 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.