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915 Main Street, Holyoke, MA, 01040 | $750,000
A free-standing commercial consisting of two retail units that contains a total of approximately 2, 520 square feet. One tenant is well established convenience store that has a beer and wine license, a limited seasonal liquor license and high volume of lottery sales. The second tenant is a fried restaurant that recently signed a five (5) year lease at $1, 200 per month. The property has a large, paved parking lot for 40+ vehicles and a portion of the lot is currently rented to an abutter for $500 per month. The property is located on a high traffic artery near Al Marcotte Ford and . 5 miles from either Riverdale Street (Route 5) or Interstate 391 exit ramp with great visibility. The convenience store has a $500, 000 in sales with a net of $85, 000 plus $50, 000 in lottery sales. All existing equipment will remain with the convenience store, presenting an attractive turnkey opportunity for potential buyers. The business equipment will include all coolers, freezers and displaying racks.
Features
- Utilities: Public Water, Public Sewer, Natural Gas Available
- Parking: 40-car
- Zoning: Business
- Frontage: 241.00
- Year Built: 1955
- Approx Sq. Feet: 2,520
- Acreage: 1.49
- Est. Taxes: $12,231
- MLS#: 73283162
- Website: https://www.raveis.com
/prop/73283162/915mainstreet_holyoke_ma?source=qrflyer
Listing by David Moore courtesy of Samuel D. Plotkin & Associates
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
915 Main Street, Holyoke, MA, 01040
$750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
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 | $600,000 | $600,000 | $600,000 |
| 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 | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $1,019 | $1,019 | $1,019 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
| Total Monthly Payment | $5,103 | $5,099 | $6,171 |
* 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
MA Mortgage Lender and Mortgage Broker #MC2630