219 Addison Road, Glastonbury (Addison), CT, Connecticut, property flyer

219 Addison Road, #A, Glastonbury (Addison), CT, 06033 | $395,000

LOOKING FOR BRAND NEW MEDICAL OR OFFICE SPACE TO OWN IN GLASTONBURY?!! Welcome to The Offices at Addison Square! A brand-new professional development being built for 2024-25! Doctors, Financial Institutions, Accountants, Engineers, Attorneys, Real Estate Professionals, Therapists, IT Companies, General Office, ALL take notice! Move out of your home or your old, leased office and into your NEW medical/office space that you OWN. We offer a very flexible footprint and build out, accommodating your needs and wants. Units can potentially be combined to be next to each other on the same floor or up and down units. Investors welcome as well. All together there are 18 fabulous units available in the four buildings already built by award winning TruNorth Construction! This property is the perfect mix of access to the Eastern Boulevard medical/office area, as well as an almost "residential feel" as it transitions into the Addison area of Glastonbury. Set just a short distance to the Town center, and with incredible highway access, it is the perfect place to work and to welcome your clients to your beautiful new digs. Construction is COMPLETED and ALL 4 buildings occupied, WITH ONLY A FEW UNITS REMAINING! Pick your favorite spot in the remaining units available in the buildings. There are first and second floor units ranging in sale prices from 395k-442, 500K. Buildout offered at the base price is very impressive, but of course upgrades will be accommodated. Agent owner

Features

Town: Glastonbury
Current Use: Medical/Office
Permitted Use: Medical and/or Office Usage
Utilities: Gas
Heating: Hot Air
Cooling: Central Air

Units: 18
Zoning: PI
Frontage: State Road
Year Built: 2025
Approx Sq. Feet: 1,350
Est. Taxes: $0

HOA Fee: $350 Monthly
Lot Desc: Corner Lot,Dry,Level Lot
MLS#: 24056769
Website: https://www.raveis.com
/prop/24056769/219addisonroad_glastonbury_ct?source=qrflyer

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Listing courtesy of Re/Max Right Choice

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David LewisVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 49042

978.423.2254

David.Lewis@raveis.com

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219 Addison Road, #A, Glastonbury (Addison), CT, 06033

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

David Lewis

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.423.2254

David.Lewis@raveis.com

NMLS Mortgage Loan Originator ID 49042

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$316,000	$316,000	$316,000
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	$0	$0	$0
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$2,129	$2,100	$2,665
Total Monthly Payment	$2,204	$2,175	$2,740

* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.