Commercial Lease Opportunity on Route 66 in East Hampton, CT Monthly Rent: $1, 700 (Tenant responsible for heat and electric) Discover a prime commercial space located on the bustling Route 66 in East Hampton. This versatile property is ideal for a variety of businesses, offering a blend of open spaces and private offices to suit your operational needs. . . The Main Floor Features. . . Large Open Space: Perfect for a retail showroom, collaborative workspace, or client-facing area. Two Small Offices: Ideal for private meetings, administrative tasks, or individual workspaces. Bathroom: Conveniently located for easy access. The Basement Level Offers. . . Two Storage Rooms: Ample space to store inventory, supplies, or equipment securely. Office: Additional private workspace for your team. Full Bathroom: Adds extra convenience for staff. This commercial property offers a strategic location with high visibility on Route 66, ensuring a steady flow of traffic and potential customers. Whether you're expanding your business or starting a new venture, this space provides the flexibility and functionality you need!
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$1,700
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,360 | $1,360 | $1,360 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $11 |
Total Monthly Payment | $84 | $84 | $86 |
* 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.