VERY MOTIVATED SELLER!!! Great location for this commercial building for sale with Highway 41 frontage near the busy intersection of highway 41 and highway 44. Over 16, 000 cars each day travel this area so it offers GREAT VISIBILITY with just over 100' of highway frontage. Road signage and large picture windows are just the place for your company's graphics that will draw the eyes of passerby. You enter the process of installing new luxury vinyl plank flooring throughout. This space would be perfect for a variety of uses such as a general office building, small business or create a spa-like atmosphere by leasing out the different rooms for massage therapists, estheticians or tattoo artists. Additionally, there is a large 24'x36' steel building behind the main structure that is air conditioned and previously used as a Bar. There is another storage unit on site as well that could possibly be included in the sale. The lot is just over 1 acre and backs up to the Trailhead which opens up other options as well. Plenty of parking for on site for all. With the main office building and the large building out back there are endless possibilities. Real estate only, the business is not for sale. Agent and buyer must verify their intended use with the city or county. Sold as-is.
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,830 | $2,791 | $3,542 |
Total Monthly Payment | $3,222 | $3,183 | $3,934 |
* 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.