Turnkey commercial office space located in the heart of Westerly available for immediate lease! Located directly across the street to a popular shopping plaza on Franklin St. , this 1st floor office space is flooded with natural light and offers approximately 750 sq ft. Enter through double doors into the main office that features vaulted ceilings. The remaining 3 offices and a private bathroom are tucked behind the main office. Building has recent upgrades to include a new roof and HVAC system and is equipped with central air. Ideally setup for an office but zoning allows for many types of retail and service such as a beauty salon/barber shop, therapy practice, wellness center, fashion boutique or a consulting firm. Close proximity to I-95, the CT/RI border and Westerly beaches. 2nd floor space with 1, 000 sq ft, 4 offices, a reception area and a private bathroom also available for lease. See MLS #1356373.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,116 | $1,116 | $1,116 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $7 | $7 | $9 |
Total Monthly Payment | $570 | $570 | $572 |
* 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.