Approximately 1, 258 SF first-floor retail or office unit for lease at Harris Place, a beautiful and historic mixed-use building in the heart of downtown New London. Great visibility on Masonic Street. Large windows with natural light. Two rooms within the unit. Located in a CBD-1 (Central Business District-1) zone. The building's internal amenities include a library/reading room, a conference center, and a glass-roofed atrium seating area. Residential apartments are being constructed as well. Elevator access to all floors. Outdoor patio area. Conveniently located next to city hall, just two blocks from the Thames River waterfront and the Cross Sound Ferry. Great views of the city and the waterfront from most upper floor units. Surrounded by restaurants and local amenities. The post office, multiple public parking garages, and an Amtrak station are seconds away. CBD-1 zoning’s purpose is to “. . . provide for and encourage a variety of retail businesses, business and professional offices, service businesses, entertainment and cultural establishments…” Join New London’s incredible business, arts, and education community, which includes Merrill, Morgan Stanley, Connecticut College, the U. S. Coast Guard Academy, and General Dynamics/Electric Boat. Other units available. All measurements are approximate. Lease terms and structure subject to change at landlord's discretion. Tenant to verify all information including zoning and allowed uses. Other units available within building.
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William Raveis Real Estate
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Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,006 | $1,006 | $1,006 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $7 | $7 | $8 |
Total Monthly Payment | $82 | $82 | $83 |
* 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.