Former Rite Aid building with 14,490-square feet with 84 parking spaces. The investment also includes a free standing 1,500-square foot that houses a restaurant located on the parcel. The property is situated on a 4.23-acre lot with excess development potential of over 2.2 acres. The excess land is zoned residential for uses that include may include multi-family properties. This may be an excellent opportunity to repurpose and build on.
Frontage:
State Road,Municipal Street
Garage:
Paved, Off Street Parking, Driveway
Heating:
Gas on Gas, Gravity Warm Air
Utilities
Electric,Gas,Telephone,Cable
Lot Description:
Corner Lot,Level Lot
Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Brian Gee, Brian Gee Real Estate LLC Email: L.brian.gee@gmail.com
85 Middletown Avenue, North Haven, (Montowese), CT, 06473
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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