Prime Commercial Opportunity in the West End. Versatile Office Building with Residential Potential. Building previously utilized as a thriving Podiatrist Doctor's office, is ideally situated on a sidewalk-lined street with easy access to i84, ensuring high visibility and convenience for both staff and clients. This professional space is designed for success. The ground floor features a welcoming waiting room, front reception area with adjoining back office, and practical kitchenette. The professional environment is further enhanced by a private Doctor's office, three well-appointed exam rooms, and a powder room, all designed to ensure a seamless patient experience. Residential/Rental Opportunity on the upper floor presents a lucrative possibility for additional income with its full residential suite. This includes a full kitchen, cozy living room, two comfortable bedrooms, and full bathroom. Daylit third floor & unfinished lower level offer ample storage, adding to the functionality of this unique property. This is not just a building; it's a potential hub for medical professionals or a variety of other businesses. The existing medical office layout and the potential for a residential rental creates a unique investment opportunity for those looking to capitalize on the area's growth. Front handicap drop off, six rear parking spots, and excellent location with high foot traffic. Don't miss the opportunity to position your business in desirable Town Plot. Sold "As Is" Condition
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William Raveis Mortgage, LLC
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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 | $248,000 | $248,000 | $248,000 |
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 | $582 | $582 | $582 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,648 | $2,091 |
Total Monthly Payment | $2,307 | $2,305 | $2,748 |
* 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.