Don't miss your opportunity to own this COMMERCIAL property with SO MUCH POTENTIAL!!! This 5100+ SF building could be used for a variety of uses. Easily dividable, this building already has one separate "Store Front" area from the main floorspace. Each has its own sidewalk entrance. There are also additional that could be easily divided off to create additional leased space. Located on a corner, it makes a great "Anchor-like" Retail opportunity, such as grocery, salon, retail, service, the list goes on and on. Lots of on-street parking available. New businesses have already taken foot nearby, bringing in LOTS of Driving and Foot Traffic. Close by are diners, ACE Hardware, service stations, retail, gas stations, and the "VERY WELL KNOWN" WEBSTER MARKET that hosts a variety of events every weekend!!! The consumer traffic opportunity in Webster is BOOMING on the weekend a little over a block away, just down the street. CLOSE BY are several RV Parks and Communities, both of which are growing and expanding, bringing even MORE OPPORTUNITY for a new or expanded thriving business. And, as a BONUS, The Villages is moving closer and closer to Webster, bringing residents and ADDITIONAL retail and service TRAFFIC. Developers are already looking at this area to expand in, so don't miss your opportunity to OWN instead of lease. You could be the one to collect multiple sources of rent. The Opportunities are Endless.
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$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $104 | $104 | $104 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,692 |
Total Monthly Payment | $2,303 | $2,301 | $2,871 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.