Prime Commercial Property with Income Potential - Zoned WSI This .62-acre 2 structure commercial property in a high-traffic area offers excellent investment potential. Zoned Commercial WSI, it's perfect for retail, office, or storage uses. The front, single-story building features a retail showroom, full bath, attic storage, and has been upgraded with a new roof, gas heating, and central air conditioning. Behind it, the two-story structure provides office and storage space on the first floor, with a 3-room office, kitchen area or rental space with a full bath upstairs in Hauppauge Schools. Both buildings have new roofs and sit on a large, flat lot with room for expansion. This versatile property is ideal for commercial investors or entrepreneurs looking to capitalize on its location and income potential. Located near successful businesses and franchises. The area continues to develop...owner retiring
Heating:
Natural Gas, Oil, Other, Baseboard, ENERGY STAR Qualified Equipment, Heat Pump
Current Use
Commercial, Industrial, Mixed Use, Office, Other, Retail, Utilities
950 W Jericho, Smithtown, NY, 11787
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
