Nestled in the heart of Norwich, VT, with a commanding presence that dominates the downtown landscape, this fully occupied office building presents a rare opportunity in one of the most sought-after locations. Having undergone extensive renovations, the property now meets the highest modern standards expected for professional office spaces, making it an ideal setting for discerning businesses. Unparalleled downtown position with easy access to everything Norwich has to offer. This prime location ensures high visibility and convenience for all tenants, situated just moments away from bustling cafes, fine dining, and essential services. The proximity to Hanover, and Lebanon Airport, enhances connectivity and accessibility, making it a strategic hub for business operations. Boasting 100% occupancy, this building is a testament to its desirability and the quality of space it offers. Tenants are drawn to the blend of modern amenities and the dynamic location, ensuring a stable and diverse community of professional businesses. Recently upgraded with meticulous attention to detail, the building and finishes. Discover the ultimate workspace in downtown Norwich, VT. Whether you're looking to invest in a top-tier office building or seeking the perfect location for your business, this property offers unmatched value and opportunity. Explore how this exceptional office building can meet your professional and investment needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,061 | $1,061 | $1,061 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,034 | $6,531 | $8,676 |
Total Monthly Payment | $7,220 | $7,717 | $9,862 |
* 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.