FOR SALE $799, 000 OR LEASE FOR $14 NNN 700' - 5000' SQ. FT. ON ROUTE 6. . . EXCELLENT COMMERCIAL LOCATION W/ MANY POSSIBILITIES. . . Office/Retail building for sale in highly visible location with 10, 000 cars passing by per day. Building has 7686' sq. ft. in total w/multiple units. Currently 3 units on 3 stories (1st & 2nd floor and above grade lower level with two 8' ft. overhead doors) on 2. 7 level acres. Located at busy convenient intersection on Route 6 close to major transportation and shopping of the area. 2. 5 miles to 17M and I-84. Plenty of paved parking area for up to 40 cars. Currently part of the building is rented. Projected annual income in today's market $85, 000 - $100, 000 when fully occupied. Possibility of expansion of the building for additional income always with town approvals. The potential is unlimited. Across the street from newer retail plaza. Activity in this part of the county is in the making. Natural gas for fuel.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $1,479 | $1,479 | $1,479 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,248 | $5,390 |
Total Monthly Payment | $5,770 | $5,819 | $6,961 |
* 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.