UNBELIEVABLE: Monthly Income covers Payments,

A Great Buy!  This  Income Producing 2.374 acre Commercial Property has two buidings, a 25.8 Foot by 60.7 foot building that is being used as a Restaurant and a 30 foot by 70 foot building being used as a Day Care Center.  It is located on US Bus Hwy 158 - 401 between Warrenton and Norlina, North Carolina and has a great short term and long term investment potential. 

This property is in the Town of Warrenton and is fronting on Ridgeway St. and across from L. R. West Hdwe. store includes for the day care, the restaurant, and the land behind the restaurant and day care with the asking price of $225,000 with $15,000 down and the first year one has the option of paying interest only on a monthly basis for a monthly payment of $1,050 (+/-).  After the first year, the monthly payment will be $1,353.03 (+/-). There will be a balloon payment at the end of three (3) years from the date of sale and if it is agreeable between the seller (mortgagee) and the buyer(s) then a continuation of the note may exist but is not guaranteed.