Presented byHyde Homes Team |
Discover an exceptional investment opportunity at 13 Pease Avenue, Southport, CT 06890. This prime commercial property boasts 3, 147 square feet of space, featuring a built out restaurant ready for a new culinary venture on one side, and a well established dog grooming facility on the other. Strategically located just off I-95, the property offers unparalleled visibility and accessibility, drawing in a steady stream of visitors. With its convenient proximity to New York City, businesses here benefit from a thriving commercial landscape and a diverse customer base locally. Whether you're an investor seeking to capitalize on high traffic volumes or an entrepreneur looking to establish your business in a strategic location, 13 Pease Avenue presents an enticing opportunity for growth and success. Prime commercial property in Southport, CT. Previous restaurant built out on one side. Established dog grooming facility on the other. Conveniently located off I-95. Only an hour's commute to NYC. High traffic location with excellent visibility.
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William Raveis Real Estate
Phone: 203.520.7285
HydeHomesTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,635 | $1,635 | $1,635 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $7,074 | $9,444 |
Total Monthly Payment | $8,290 | $8,833 | $11,203 |
* 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.