The Citizens Bank building located in Central downtown Laconia is suitable for any business that desires excellent visibility. Now is the opportunity to take advantage of this fabulous package that includes two separate parcels. The second parcel has a 3 Lane drive thru. Suitable for many uses ~ Retail, Restaurant, Quick Service Restaurant, Medical, Urgent Care, Office, and of course Banks can all work here. The main entrance on Main Street is great for walk-in traffic and the ample parking at rear is convenient for the second entrance. The 12 foot ceilings open up the space for great atmosphere. More space is available in the mostly finished basement, and can be The adjacent parcel with three lane Drive thru is included in the price, and can be an income stream for a user not utilizing the Drive Thru.
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$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,720 | $7,389 | $9,965 |
Total Monthly Payment | $6,845 | $7,514 | $10,090 |
* 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.