Property DescriptionLocation-Location-Location.Cedar and Shepherd Shopping Center. Big traffic exposure.A great business opportunity for owner/user. Marat's Armenian Restaurant Family Oriented. Armenian Delicate Food -Dine in or take out. Business has been established for more than 17 yrs. Existent lease with an option.Fixed term lease to 2020. Max. Occup. 48 seated. Approx. 1,600 sq.ft. Has 2 restrooms w/ Handicap access. Rest. currently open Mon-Sat 10 am to 9 pm. Closed Sundays. Beer and wine License. All equipment,tools,floor furniture are Included. Seller is motivated. Please call Manny Cuevas for private showing.
- Property Type: Retail
- Year Built:1999
- Square Footage:1600.00
- Lot Size: 144619.00 SqFt (3.32 acres)
- Baths:2.00 ()
- Listing Broker:Juan Cuevas
- Listing Office:Bonaventura Group & Real Estate Center
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.