Owner willing to consider Seller Financing. Attention business owners + investors: location, location, location! Multiple options for your business or real estate investment located on busy & bustling Route 2 in Warwick! Multiple opportunities here beginning with a 5, 100 sq ft commercial retail property featuring 2 units on almost a half acre of land in the middle of Bald Hill Road. The main unit is currently used as a picture framing business that can be purchased along with the building. Business has healthy financials, as well as a solid & consistent customer base. Property features ADA compliant entry and bathroom, well-kept pavement, 25 parking spaces, 2 oil tanks, 2 electric meters, 5 ton HVAC, fire alarm, monitored internal and external cameras, and high ceilings. The 2000 SF tenant unit has 10x10 and 8x10 drive in access. Each unit has a private bathroom. The rear of the property abuts a piece of land, 1. 38 acres, which currently has a single family home on it. It is a 3 bed, 1. 5 bath, 1248 SF Colonial home at 818 Tollgate Rd, which can also be included in the sale. The combined properties could allow through traffic from Bald Hill Rd to Toll Gate Rd as both properties are near the intersection. The home features vinyl siding, a quaint front porch with composite decking, gas heat, central air, hardwoods throughout, stainless steel appliances, and a beautiful back deck. So many options set up your private showing???????????????????????????????? today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
Monthly Tax Payment | $1,402 | $1,402 | $1,402 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,855 | $5,342 | $7,242 |
Total Monthly Payment | $6,382 | $6,869 | $8,769 |
* 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.