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We are pleased to present a prime opportunity to acquire a fully-equipped restaurant space located at 407 Main Street, Hartford, CT 06103. This historic property, built in 1895, offers a combined 4883 square feet of commercial space in the heart of Downtown Hartford, providing a unique and inviting atmosphere perfect for a memorable dining experience. The sale includes all existing restaurant equipment and furnishings, allowing for a seamless transition for the new owner. Situated in a strategic location, this restaurant is surrounded by a vibrant mix of businesses, cultural attractions, and residential communities. Nearby amenities include theaters, museums, art galleries, office buildings, and public transportation, ensuring a steady flow of patrons. Ample parking facilities add to the convenience for guests. Guests can also enjoy picturesque views of Hartford's dynamic cityscape, contributing to an exceptional dining ambiance. Whether you're an established restaurateur looking to expand or an entrepreneur ready to make your mark, 407 Main Street offers the perfect setting for your culinary vision.
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$699,900
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 | $559,920 | $559,920 | $559,920 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | $969 | $969 | $969 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,493 | $3,678 | $4,687 |
Total Monthly Payment | $4,554 | $4,739 | $5,748 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.