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6 Hill Road, Burrillville, RI, 02830 | $1,100,000
**Property Description: ** Discover a unique opportunity with this expansive property, spanning over 1. 5 acres, offering an impressive blend of functionality and versatility. On-site are two large, well-equipped garages, ideal for automotive enthusiasts, hobbyists, or business ventures. The **front building** is a fully operational auto repair shop, featuring multiple mechanics bays that are heated and air-conditioned for year-round comfort and efficiency. The shop is equipped with high-quality fixtures, all of which are included in the sale, making it ready for immediate use. Attached is a **storefront** area, perfect for customer service or retail opportunities. Whether you're looking for a personal workshop, storage for vehicles and equipment, or a place to expand your operations, this property has the infrastructure to accommodate your needs. With ample room for parking, outdoor storage, or potential expansion, this property offers endless possibilities. Please note that while the property and its fixtures are for sale, the existing business is **not** included. Perfect for a new venture or as a solid investment, this property is a rare find! This listing is for the front garage only. The second garage shown is 0 Granite street and not included in this sale.
Features
- Property Type: Commercial
- Permitted Use: Automotive,Commercial,Mini Storage,Retail,Warehouse
- Construction: Frame,Steel
- Utilities: Natural Gas Not Available,Sewer Connected
- Parking: 5-car
- Heating: Forced Air
- Cooling: Ductless
- Amenities: Playground,Restaurant,Trail(s)Playground,Restaurant,Trails/Paths
- Zoning: VC
- Year Built: 1968
- Acreage: 0.72
- Est. Taxes: $3,514
- MLS#: 1371540
- Website: https://www.raveis.com
/prop/1371540/6hillroad_burrillville_ri?source=qrflyer
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888.699.8876
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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6 Hill Road, Burrillville, RI, 02830
$1,100,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $293 | $293 | $293 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,135 | $5,562 | $7,426 |
| Total Monthly Payment | $5,553 | $5,980 | $7,844 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB