454 Main Street, Durham (Durham Center), CT, 06422 | $330,000

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!

Features

  • Town: Durham
  • Current Use: Retail and Office
  • Utilities: Electric,Cable
  • Garage: Paved,Parking Lot,Driveway
  • Parking: 12-car
  • Heating: Hot Air
  • Cooling: Central Air,Heat Pump,Zoned
  • Units: 3
  • Zoning: C
  • Frontage: State Road
  • Year Built: 2003
  • Approx Sq. Feet: 1,764
  • Acreage: 0.5
  • Est. Taxes: $5,333
  • Lot Desc: Dry,Level Lot,Cleared
  • MLS#: 24033806
  • Days on Market: 124 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24033806/454mainstreet_durham_ct?source=qrflyer
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William Raveis Family of Services

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.

The Huscher TeamSales Associates

860.918.4580

TheHuscherTeam@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

454 Main Street, Durham (Durham Center), CT, 06422

$330,000

The Huscher Team

Sales Associates

William Raveis Real Estate

Phone: 860.918.4580

TheHuscherTeam@raveis.com

Dave Beckman

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.