241 High Street, Sprague (Baltic), CT, Connecticut, property flyer

241 High Street, Sprague (Baltic), CT, 06330 | $2,000

Nestled in the heart of Baltic, CT, and just moments away from the downtown area, this commercial space is a hidden gem awaiting your vision. With its generous floor plan and prime location, this property presents an unparalleled opportunity for businesses seeking to make their mark in a thriving community. 4525 sqft of first floor commercial space available for lease. Though the space requires some enhancements to reach its full potential, the landlord is extending a remarkable offer: a credit toward rent for the buildout. This unique incentive allows you to tailor the space to meet your exact needs and aesthetic preferences, creating an environment that perfectly reflects your brand and business ethos. Imagine the possibilities as you transform this space into a bustling hub of activity, be it a chic bed and breakfast, a day care center, or membership club. Large parking area for customers and staff to enjoy off-street parking while visiting your location. Seize this rare opportunity to craft your dream space in Baltic, CT. Let this commercial property become the cornerstone of your business success. Sprague is a beautiful community with the Shetucket River running through the heart of the town for kayaking, canoeing and fly fishing. Also in town, Mohegan Sun Golf Club which Golfweek Magazine named as Top 10 Best Courses in Connecticut. 20 minutes from Mohegan Sun, 25 minutes to Foxwoods. Contact for more information on zoning and your private showing.

Features

Town: Sprague
Utilities: Electric,Telephone,Cable
Heating: Heat Pump
Cooling: Heat Pump
Units: 6

Zoning: R-80,R
Frontage: Municipal Street,Paved Road
Year Built: 1930
Approx Sq. Feet: 7,561
Acreage: 3.8

Lot Desc: Treed
Lease Term Type: Per Month
MLS#: 24033233
Days on Market: 109 days
Website: https://www.raveis.com
/prop/24033233/241highstreet_sprague_ct?source=qrflyer

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Listing courtesy of The Utopia Real Estate Company

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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241 High Street, Sprague (Baltic), CT, 06330

$2,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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	$1,600	$1,600	$1,600
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	7.551%	7.159%	6.276%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$11	$11	$13
Total Monthly Payment	$86	$86	$88

* 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.