Great opportunity to own a business with the property and a rental unit on a busy Stratford Road with lot of commercial and industrial buildings around it. This commercial building has 2 units; one side is Joe's Diner and the other is flower shop. Both units can be combined to expand the Diner or open a new style Restaurant. Included is the price is all diner fixtures and appliances. Good thing is that The building comes with Joe's diner all for the same price. and a tenant already in place with the florist. The florist is on a month to month lease so the new owner can make their own lease or take over the entire building . Close to I 95.
1980 Stratford Avenue, Stratford, (South End), CT, 06615
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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