This building is on 1.07 acres of land. It is zoned light industrial. Perfect for a single tenant looking to create more space and make it a home base. It abuts a property with a metal building on it ( also for sale .48 acres) This is a rare property as there are not many with this zoning inside the city. See conceptual drawing for one of many possibilities. Garage to rear of property. Possibilities with the building or not based on your use. Investigate and bring your offers. This property is located behind Lighthouse Voc education and the Shaw's Cove office park. It abutts residential and is enroute via Howard Street to the forth coming Ft Trumbull development including new apartments, museum In need of repair/ upgrade or other. etc
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Listing courtesy of Ann Buonocore, Buena Vista Real Estate Co. Email: buena.vistare@yahoo.com
141 Shaw Street, New London, CT, 06320
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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