48 Stratton Road, Jaffrey, NH, 03452 | $450,000

Discover a remarkable commercial property in the heart of Jaffrey, used until recently as the Redeeming Grace Church. Boasting over 6, 000 square feet of finished space, this versatile building is strategically located conveniently near the downtown area, as well as Route 202. The property features ample parking, ensuring convenience for visitors or potential tenants. It includes a room currently used as the cathedral with both high-ceilings and exposed posts and beams, adding a distinctive architectural charm. With a quality Buderus heating system and municipal water and sewer connections, the property is well-equipped for various uses. Explore the potential for conversion into multi-unit residential apartments or condos, take advantage of the existing religious facility setup, bed and breakfast, or utilize the current setup for sober living, any and all with the required town approval. The spacious interior and thoughtful amenities make it an appealing option for a range of purposes. Schedule a viewing today to unlock the diverse possibilities that this property offers – an opportunity to shape a unique space in the heart of the Monadnock Region.

Features

  • Property Type: Hospitality,Multi-Family,Office
  • Construction: Wood Frame,Vinyl Siding,Wood Siding
  • Parking: Driveway,Off Street,On-Site,Parking Spaces 1 - 10,Parking Spaces 5 - 10,Unpaved
  • Heating: Hot Water
  • Cooling: None
  • Zoning: RB2
  • Frontage: 341
  • Year Built: 1900
  • Approx Sq. Feet: 6,884
  • Acreage: 0.68
  • MLS#: 5016548
  • Website: https://www.raveis.com
    /prop/5016548/48strattonroad_jaffrey_nh?source=qrflyer
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Listing courtesy of Duston Leddy Real Estate   Phone: 603-610-8285
Listing Agent: Samuel Abbott III

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48 Stratton Road, Jaffrey, NH, 03452

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
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 7.563% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,395 $2,393 $3,036
Total Monthly Payment $2,470 $2,468 $3,111

* 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.