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Attention investors! Here's your opportunity to acquire a prime commercial property spanning over 18, 772 square feet of valuable space in the vibrant heart of downtown Hyannis. The property being sold consists of three well-maintained buildings, a private parking lot, and a convenient two-car garage, providing exceptional accessibility and convenience for tenants and visitors alike. This prominent corner-lot property encompasses the addresses 334 Main St, 328 Main St, 338 Main St, 20 Barnstable Rd and 26 Barnstable Rd. . It currently hosts a variety of established tenants, including popular restaurants, retail shops, a stylish salon, and professional office space--creating a dependable and diverse income stream. Situated in a thriving business district with excellent visibility and steady foot traffic, this prime location attracts a constant flow of patrons. Surrounded by bustling shops, renowned restaurants, and entertainment hotspots, this property is perfectly positioned for growth and long-term success.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,649,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,919,200 | $2,919,200 | $2,919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | $2,664 | $2,664 | $2,664 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,805 | $18,451 | $24,831 |
Total Monthly Payment | $19,594 | $21,240 | $27,620 |
* 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.