Discover the perfect blend of functionality and prime location with this exceptional commercial property situated on over an acre of land on bustling Route 10 in Cheshire, CT. Boasting high visibility and substantial traffic, this versatile property is ideal for a range of business opportunities. Property Highlights: Two Floors of Flexible Space: The first floor has an expansive flex industrial space, perfect for manufacturing, warehousing, or other industrial uses. The second floor is versatile and can be utilized as additional storage or transformed into modern office space. Drive-In Door: Convenient access with a drive-in door, making loading and unloading a breeze. Ample Parking: The property features plenty of parking, accommodating both employees and customers with ease. High Traffic Location: Located on Route 10, one of Cheshire's most traveled roads, ensuring maximum visibility and accessibility for your business. Over 1 Acre Parcel: Situated on a spacious lot, providing ample outdoor space for future expansions or additional storage needs. This property has a unique opportunity to establish or expand your business in a thriving area. Don't miss out on this prime commercial real estate - schedule a viewing today to envision the potential this property holds for your business!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
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 | $418 | $418 | $418 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,689 |
Total Monthly Payment | $4,209 | $4,205 | $5,199 |
* 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.