Property DescriptionVery profitable Chinese food restaurant located at the best location of downtown Kingsburg. Established for nearly twenty years, the restaurant offers variety of elective Chinese menu, and its name is well known to everyone in town and widely known in nearby cities as well. This restaurant has Liquor License, has 4000 SF floor space, a very large party room, and can serve 160 guests. Situated at an excellent location, the restaurant has an easy access to FWY99, close to City Hall, City Library, schools, banks, and many local business stores, etc. Great cash flow.
- Property Type: Service
- Year Built:0
- Square Footage:4000.00
- Lot Size: 0.00 SqFt (0.00 acres)
- Baths:0.00 ()
- Listing Broker:Judith Gong
- Listing Office:Highland Real Estate
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.