Be the first to operate in this BRAND NEW Building located in St. Johnsbury's Industrial Park. This flexible building will offer about 1600 sq feet of handicap accessible office / retail space on the roadside level. If you wrap around to the rear of the building there is 3400 sq feet of at grade space with a 14'H by 16'W overhead door. The overall building is 85' x 40'. From the lower level there will be shop space which will be 45' deep by 40' wide with ceilings that range from 17' to over 25' high. The back 40 x 40 section will have roughly 8' ceilings. This building will be energy efficient. The office space will have heat pumps for AC and cooling while the shop space will have propane hot air heat. Outside you will find about an acre of parking well outside of any flood plain so LOTS of level space for cars, trucks, trailers, equipment, loading / unloading, etc. Furthermore there is an additional contiguous lot which offers an additional 1. 3A of impervious which is available but not included in the price. This building is currently under construction so some layout changes / customization could be considered. Construction for occupancy could be completed in about 3-4 months. This is a wonderful location just off from I-91 and right off from RT 5 between Lyndonville and St. Johnsbury. Landlord is seeking a highly qualified long term tenant. Lease rate will be $6500 per month NNN. Photo renderings are likeness only and final product will vary.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $5,200 | $5,200 | $5,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $35 | $35 | $44 |
Total Monthly Payment | $110 | $110 | $119 |
* 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.