Successful local entrepreneurs have created highly flexible commercial space, in a convenient Woodstock location! While currently configured as 2 individual adjacent units (essentially making a large rectangle of 1, 910 square feet) the interior walls that partition those 2 spaces are not load bearing and could be removed to create clear span square footage or to reconfigure rooms! Each of the 2 units has practical ground level access with its own 10'x10' industrial size garage door and also a standard sized entrance door. Each unit has the desirable features of individual AC/heat units, 12 foot high ceilings, emergency floor drains, water and plumbing, being fully fire sprinkled, industrial strength and grade concrete floors, upgraded electric, and extensive natural light. This block of 2 commercial condominium units are on the ground floor end of the well known commercial landmark "The Mill. " Valuable amenities of The Mill include connection to the municipal sewer, Woodstock Aqueduct Water and extensive free parking! Woodstock's recently completed Ottauquechee River Trail passes nearby and provides a scenic walking path leading into Woodstock Village along the picturesque river and through East End Park. Individually, the 2 units present fresh, bright, and distinct spaces. The obvious potential for an opening of the units to create a large clear span space opens up intriguing possibilities that can't be duplicated in Woodstock! Well designed contemporary space is waiting!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,867 |
Total Monthly Payment | $2,394 | $2,335 | $2,942 |
* 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.