This unique offering includes two commercial parcels sold together, situated along bustling Route 44. The first parcel spans 1. 08 acres and features a 648 sq. ft. masonry building, ideal for retail or a takeout food establishment, which has a history of both. The second parcel consists of 0. 35 acres with an 800 sq. ft. structure that has operated for years as a bar and cafe. A large portion of the property extends across the scenic Indian Meadow Brook, presenting an exciting opportunity for expansion with the addition of a footbridge. This could open up new possibilities for outdoor seating, additional retail space, or any other creative ventures. Positioned at the west end of town, this location serves as a gateway for traffic coming into Winsted, boasting high visibility and a substantial daily traffic count. Whether you're envisioning food service, retail, or something entirely new, this site is brimming with potential for your next business venture.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $255,920 | $255,920 | $255,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $384 | $384 | $384 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,701 | $2,158 |
Total Monthly Payment | $2,162 | $2,160 | $2,617 |
* 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.