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Turn-Key Dominican Restaurant with Real Estate and Prime Parking - A High Traffic Location! Incredible opportunity to own a thriving, well-established Dominican restaurant along with the building and adjacent parking lot - legally combined to offer excellent parking for at least 12 vehicles, plus additional on-street parking. Located on a busy thoroughfare with over 20, 000 daily traffic count, this turn-key restaurant is ready for you to step in and start operating immediately. Property Highlights: Real estate included: building + combined parking lot, Minimum 12 private parking spaces + on-street parking, High visibility on a major road with strong traffic flow, Fully equipped commercial kitchen featuring: Stainless steel refrigerators and freezers, Food warmers, refrigerated salad displays, and pastry cabinets, Commercial stove with hood system, Deep fryers, sandwich prep tables, toasters, Vita-Mix commercial blender & refrigerated juice dispensers, Extensive stainless steel shelving & storage systems, Dining & Service Amenities: Walk-up order window, Tables and seating for patrons inside and outside on Lovely patio with umbrellas, Large TV and surround sound system for entertainment, Security system with cameras & audio monitoring, Central air/heat system plus a powerful 2, 400 BTU mini-split A/C, Automatic, commercial-grade security doors & window covers for added protection. 2 Rest Rms, one is fully handicap accessible. Sale includes everything needed to operate Additional Sq. Footage in Lower Level, offering kitchen, dishwashing station, break room/area with seating for the emplyee, 2nd full bath, enclosed storage area, storage closets with shelving. The Sale includes everything needed to run a successful restaurant- In a High traffic location, easy, close access to Highways (Rte. 9 and I-84) with immediate income potential.
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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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $352 | $352 | $352 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,890 | $3,683 |
Total Monthly Payment | $3,225 | $3,334 | $4,127 |
* 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.