4991 Main Street, Newbury, VT, 05051 | $1,150,000

Enriched with history and admired by many, this novelty property awaits its new owner. Arguably the most historic and nicest general store in Vermont, you will find incredible long range views in the backyard - the perfect setting for hosting events and letting customers enjoy their purchased goods. Either keep the business going or turn it into your preferred use - a brewery/pizza joint, bed and breakfast, the opportunities are endless. There's also a fully functioning workshop. This property is perfect for hosting an abundance of customers as it’s suitable to seat 130 guests outside. Extensively renovated, the two storefronts are fully equipped and there's a 4 bedroom dwelling unit on the upper level. This business has all the publicity you can get with its strong community of loyal customers, features in an abundance of articles and a strong social media presence of over 5, 000 followers. The popularity has already been established for you. Customers travel from all over New England to come visit this business. The current owners offer kayak rentals, outdoor concerts, an ice cream shop, a general store, snowmobile trails nearby etc. If the walls could talk we would hear magnificent stories of its role in the Underground Railroad Operation, being a bank, a post office, etc. Some evidence of these stories are even written in the attic. This property is ready for fresh opportunities. Will you be the one to own a Vermont landmark? Owner occupied. Also see MLS#5010719

Features

  • Property Type: Business,Opportunity,Retail
  • Construction: Vinyl Siding,Wood Siding
  • Parking: Off Street,On-Site,Paved
  • Heating: Baseboard,Mini Split
  • Cooling: Mini Split
  • Zoning: Mixed Use
  • Frontage: 101
  • Year Built: 1840
  • Acreage: 0.96
  • Est. Taxes: $8,850
  • MLS#: 5010720
  • Website: https://www.raveis.com
    /prop/5010720/4991mainstreet_newbury_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.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 11/10/2024
Listing courtesy of KW Coastal and Lakes & Mountains Realty/Hanover   Phone: 603-610-8500
Listing Agent: Taylor Medeiros-Batey

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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4991 Main Street, Newbury, VT, 05051

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $738 $738 $738
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,152 $5,665 $7,640
Total Monthly Payment $6,015 $6,528 $8,503

* 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.