ATTENTION INVESTORS! Historic landmark Leesburg bar and poolhall with restaurant and outdoor venue pavilion is up for sale! THIS SALE INCLUDES A 4COP LIQUOR LICENSE. Majority of fixtures, furniture and equipment will convey with sale, along with inventory. Downtown Leesburg is growing fast, don't miss this opportunity! Historic main building consists of approximately 4, 550+/- sq ft indoor restaurant/kitchen, full bar, and pool hall, all tastefully renovated over the years and well maintained. There is also an outdoor bar, and a 2, 000+/- sq ft covered pavilion and bandstand area with additional kitchen and restroom for outdoor events that was completed in 2011. Very popular location/destination with unlimited parking across the street via the city public parking garage/lot. Buyer to pay doc stamps and title insurance. Please do not disturb customers/employees during business hours, call agent to schedule appointment for showing. All information is believed to be accurate and correct but not guaranteed or warranted and should be verified by buyer to their satisfaction.
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $623 | $623 | $623 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,122 | $5,189 | $7,024 |
Total Monthly Payment | $5,837 | $5,812 | $7,647 |
* 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.