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 years. 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. Restaurant currently Open Mon-Sat. 10a.m. to 9 p.m. Closed Sundays. Beer and Wine License. All Equipment, tools, floor furniture, are Included. Seller Motivated for private showing, call agent.
- Property Type: Service
- 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.