This property which sits on 500 feet of lake frontage in historic Sugar Loaf, has pre approvals for a 7800 sf structure that can be used for a farm to table restaurant, tasting room and brewery and or wedding venue. Renderings in documents are general and can be changed to meet whatever works for you. Property is 2/10s mile from the Sugar Loaf Performing Arts Center. Sugar Loaf has a history for its many artisan shops. This is truly a place where "build it and they will come". In addition, this has lake frontage and the building could be built out to be a residence. Seller is a quality builder, who could do a buildout. Renderings and site plan available and in documents as well.
1355 Kings Highway, Chester, NY, 10918
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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