111 Simsbury Road, #STE 1C, Avon, CT, 06001 | $139,900

Gorgeous office unit in the heart of AVON. Be an OWNER, not a renter. Your monthly payments could be less than a typical rent for a place of this stature. If you plan to be in business for 5, 10, 15 years, build equity while running your business out of this ideal and gorgeous spot. The unit starts with an inviting waiting room/client's entrance. Enter the hallway which feeds the other rooms and directs out to a separate exit if desired for clients or employees. There is a smaller office and then a very large one. Uniquely offers a private full bath with shower (handicapped access), and a large kitchen area! Wonderful 9-foot ceilings, Central Air/Heat! More shared baths in the hallway for clients. Unbelievable price for such an opportunity! Incredibly well-kept, entirely updated unit in a wonderful business community. Be surrounded by like mind professionals who value ownership and an environment your clients and employees will love. Perfect for any office usage. Think financial services, therapy(current), accounting, real estate, attorneys, and more. Plenty of parking. Great access to amenities like restaurants, shopping, health facilities, and close to home if you live in central CT. Everything outside is taken care of in the HOA fees. There is not a thing to do when you move into this beautiful unit. Just move right in and run your business, without the hassle of designing and building out your unit. You can also "office share" with a fellow colleague or business partner.

Features

  • Current Use: Office
  • Permitted Use: Office
  • Utilities: Electric
  • Heating: Hot Air
  • Cooling: Central Air
  • Zoning: Commercial
  • Frontage: State Road
  • Year Built: 1988
  • Approx Sq. Feet: 938
  • Est. Taxes: $2,369
  • HOA Fee: $618 Monthly
  • Lot Desc: Level Lot
  • MLS#: 24056705
  • Website: https://www.raveis.com
    /prop/24056705/111simsburyroad_avon_ct?source=qrflyer
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Listing courtesy of Re/Max Right Choice

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NMLS Mortgage Loan Originator ID 1014636

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Russell.Baboff@raveis.com

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111 Simsbury Road, #STE 1C, Avon, CT, 06001

$139,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $111,920 $111,920 $111,920
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 $197 $197 $197
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $754 $744 $944
Total Monthly Payment $1,026 $1,016 $1,216

* 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.