SPECTACULAR LOCATION IN THE TOWN OF BRISTOL, JUST 2.4 MILES FROM ROGER WILLIAMS UNIVERSITY. CURRENTLY USED FOR UPSCALE DINING RESTAURANT AND WITH A SEATING CAPACITY OF 150. MULTIPLE BANQUET ROOMS AVAILABLE WITH CAPACITY UP TO 470. TOTAL OF 23,000 SQ FT. SET ON LAND PARCEL OF 1.21 ACRES, 100 PLUS CAR PARKING. YOU CAN USE AS CURRENT USE OR REVIEW FULL SCALE CONCEPTUAL ARCHITECTURAL RENDERINGS FOR A MIXED-USE PLAN TO INCLUDE RETAIL, COMMERCIAL AND RESIDENTIAL. ADDITIONAL PARCEL 2 AVAILABLE, NOT INCLUDED IN THIS LISTING. PARCEL INCLUDES A TWO-FAMILY HOME SET ON 2.66 ACRES. THIS IS A PREMIER LOCATION FOR RHODE ISLAND'S EAST BAY, WITH ENDLESS POTENTIAL FOR LOCATION!!
Permitted Use
Development,Medical/Dental,Office,Residential,Retail
Utilities
Natural Gas Connected,Sewer Connected
Amenities:
Highway Access, Near Schools, Shopping, Street Lights
383 Metacom Avenue, Bristol, RI, 02809
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
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