Presented byAnnie Dillon - The Annie Dillon Team |
Commercial rental/lease opportunity available in the heart of Old Wethersfield. This prime location has high foot traffic and visibility from both Hartford Ave and Main Street, with a storefront featuring wide glass windows and an attractive entrance glass front door that allows plenty of natural light, providing a sleek look and an excellent showcase for your products. The main room, measuring 19'7" x 21'2" with a 10ft ceiling height, has a creative tin ceiling accent and vinyl plank flooring. There are two back rooms, one 11' x 11' and the other 9'10" x 12'8", each with a sink, as well as a bathroom off the main room. The basement offers some storage space, and there is an outside front patio area. Zoned Village Business, the last use of this space was a hair salon. The property includes natural gas heat, CAIR, and a 50-gallon water heater. Tenant pays for electric and gas, while the landlord provides trash (dumpster) services. Surrounded by shops, restaurants, stores, and museums, this location ensures you will make a great impression on your customers.
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Sales Associate
William Raveis Real Estate
Phone: 860.729.2998
TheAnnieDillonTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,600 | $3,600 | $3,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $24 | $24 | $31 |
Total Monthly Payment | $99 | $99 | $106 |
* 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.