Located in the heart of Manchester Village, this iconic commercial property boasts a rich historical significance. Spanning four floors, it accommodates the potential for ten diverse tenants, creating a vibrant hub of activity. Positioned at the bustling intersection of Main and Union Streets, the property enjoys high foot traffic and visibility. Parking is conveniently available both along the street and on the side. The current tenant roster reflects a varied mix, including financial, retail, design, and a yoga studio, ensuring a dynamic environment within the premises. Benefiting from municipal water and sewer services, the building offers modern amenities amidst its historic charm. Its prime location draws significant foot traffic, driven by the area's historic tourist attractions, the nearby resort hotel, and the renowned Equinox Golf Course.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,680 | $2,680 | $2,680 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,722 | $8,485 | $11,385 |
Total Monthly Payment | $10,527 | $11,290 | $14,190 |
* 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.