Presented byThe Huscher Team |
Super location, prime traffic exposure on Rt. 17-daily traffic count is 16, 000 cars a day! Completely rebuilt in 2003, this wonderful commercial building offers 1, 764 square feet of high visibility commercial space on Main Street in Durham, with 3 versatile office suites. Bring your business dream to Durham! Offering beautiful natural light, and large open spaces, the building is currently configured with 3 retail/office suites with two on the upper floor, each with its own separate meter, half bathroom and private, locking entrance. The main floor is 1008 square feet, and the second floor is serviced by two staircases flanking the building that bring you to the two office/studio suites upstairs. The half acre lot is flat and grassy, with a stone patio and lots of space. Currently there are 12 parking spaces, with room to expand. There is a well and septic system (1000 gallon tank), and there is public water hook up potential in the street. Need more to love? Great storage, beautiful windows, air conditioning, and propane hot air, new stone patio. Another possibility is a second floor dwelling with a retail or studio space on the main level. Over the years, this wonderful location has been home to a flower shop, bookkeeping services, jewelry store, builder/drafter, fence company, fitness gym, massage therapist -- and there are so many more office/retail ideas to explore here in charming Durham!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$330,000
Sales Associates
William Raveis Real Estate
Phone: 860.918.4580
TheHuscherTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $264,000 | $264,000 | $264,000 |
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 | $444 | $444 | $444 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,756 | $1,755 | $2,226 |
Total Monthly Payment | $2,275 | $2,274 | $2,745 |
* 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.