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4 South Main Street, Derry, NH, 03038 | $549,900
Former restaurant building for sale. Great location, great visibility only 100 yards south of the Derry Rotary on Route 28 Bypass. Almost 1, 700 sf with a kitchen and large dining room (42 seats inside PLUS 30 seats outside). With 27 parking spaces and town water and sewer this building can be re-purposed for many different uses: retail, office, daycare, brewery, bank, commercial kitchen, a commercial services establishment which includes personal services such as a hair salon. The property is sold “as-is where-is”, with all F F & E “as-is where-is”. The walk in cooler and walk in freezer do not work, and the exterior storage unit is in fair to good condition. This is a well-located piece of real estate. It won't last long on the market. See Summary sheet for more Details
Features
- Property Type: Business,Hospitality,Retail
- Construction: Vinyl Siding
- Parking: Paved
- Heating: Hot Air
- Cooling: Wall AC Units
- Zoning: GC
- Year Built: 1946
- Approx Sq. Feet: 1,689
- Acreage: 0.33
- Est. Taxes: $6,935
- MLS#: 5039091
- Website: https://www.raveis.com
/prop/5039091/4southmainstreet_derry_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/7/2025Listing courtesy of The Valentine Group Phone: 603-434-9700
Listing Agent: Ralph Valentine
William Raveis Family of Services
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978-337-3053
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4 South Main Street, Derry, NH, 03038
$549,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
| Monthly Tax Payment | $578 | $578 | $578 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,745 | $2,890 | $3,683 |
| Total Monthly Payment | $3,415 | $3,560 | $4,353 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB