AVAILABLE NOW – RESTAURANT READY TO GO: Current tenant willing to sell equipment and transfer liquor license. This 3, 811 +/- SQFT space is ideal for a lively, family friendly restaurant with capacity for 142 in a very busy commercial plaza. With prime accessibility to I-95 and US Highway One, it offers excellent visibility and high foot traffic. The location is perfect for establishing a community hub where guests can enjoy great food, drinks, and sports entertainment. Busy plaza surrounded by many new apartment complexes. Layout includes: bar, hoods in kitchen, walk in cooler, office, 2 ADA restrooms and one private restroom. This location has four entry doors and four rear exits. Outdoor seating permitted as well as live music. Whether you're launching a new concept or expanding a nation-wide restaurant brand, this is the perfect spot to thrive.
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Our Executive Mortgage Banker:
Our Insurance Division:
$95,275
William Raveis Real Estate
Phone: 888.699.8876
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $76,220 | $76,220 | $76,220 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $2,761 | $2,761 | $2,761 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $507 | $501 | $643 |
Total Monthly Payment | $3,342 | $3,336 | $3,478 |
* 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.