This 56,329 +/- sq. ft. light industrial building, situated on approximately 2 acres, presents a prime redevelopment opportunity in a high-visibility location. The site is suitable for buyers looking to redevelop the existing structure or demolish it to capitalize on its prime location. Its proximity to Boston Post Road and I-95 ensures visibility and accessibility, making it an attractive option for a range of commercial or industrial uses. This property provides significant potential for a visionary to maximize its value and adapt it to meet diverse market demands. Current taxes for 2024- 958: $7,982, 978: $39,410, Total Yearly taxes = $47,392.
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Listing courtesy of Fred Messore, Colonial Properties Inc Email: fred@colprop.com
978 Orange Avenue, West Haven, (Allingtown), CT, 06516
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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