225 Iyannough Road, Barnstable, MA, Massachusetts, property flyer

225 Iyannough Road, Barnstable, MA, 02601 | $685,000

RARE Opportunity! Amazing location on Route 28 directly in front of the Cape Cod transportation center. Incredible traffic counts. Building only for sale. Close to Route 6, Willow Street and historic Route 6A. Minutes from Cape Cod Mall, Cape Cod Gateway Airport, Island Ferry Service, Main Street Hyannis. Close to beautiful Hyannis and Yarmouth beaches. Tremendous investment opportunity. This property is not in a flood zone. The . 17-acre site is improved by a spacious 1300 square foot building, home to Adventure Cafe breakfast and lunch restaurant. The site is located on busy Route 28 in Hyannis, which is one of the main retail corridors for Cape Cod. The site is situated close to the old Exit 7, on US Route 6, Substantial parking, frontage, signage and location make this site a MUST SEE!

Features

Property Type: Restaurant
Current Use: Restaurant
Permitted Use: Restaurant
Construction: Shingle Siding, Frame
Levels: 1
Cooling: Central Air

Approx Lot Sq. Feet: 7,405
Units: 1
Zoning: 3260
Year Built: 1965
Approx Sq. Feet: 1,300
Acreage: 0.17

Est. Taxes: $4,300
School District: Barnstable
Appliances: Gas Water Heater, Water Heater
MLS#: 22405471
Website: https://www.raveis.com
/prop/22405471/225iyannoughroad_barnstable_ma?source=qrflyer

Courtesy of Premier Commercial

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

225 Iyannough Road, Barnstable, MA, 02601

$685,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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	$548,000	$548,000	$548,000
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	7.477%	7.159%	6.296%
Monthly Tax Payment	$358	$358	$358
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,646	$3,642	$4,621
Total Monthly Payment	$4,096	$4,092	$5,071

* 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.