This Industrial property boasts a 6,000 square foot building currently divided into Four (4), 1,500 SF separately metered units, each unit consisting of high ceilings, a private bathroom, private office and drive in door. Situated on Pepper St. this property has great accessibility to the surrounding area, under a minute away from Route 25, and minutes away from CT-111, Henry Mucci Hwy and more major routes making travel/commuting easy. Two (2), 1,500 SF units are currently not leased making this a great space for an owner-user, while the remaining 3,000 SF are currently leased to One (1) Tenant thru January 2029.
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Listing courtesy of Bryan Atherton, BHGRE Gaetano Marra Homes Email: batherton@buyandsellcre.com
501 Pepper Street, Monroe, (Stepney), CT, 06468
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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