778 U.S. Route 4 E., Rutland Town, VT, 05701 | $425,000

Prime Business Opportunity in Rutland Town! Discover an exceptional business opportunity perfectly suited for your next commercial venture. This Two-unit property is occupied by a Lighting store, and another retail storefront. Subject to Two current leases, this opportunity offers ample room to store, manage, and distribute inventory efficiently, featuring a drive-in warehouse door for easy loading and unloading. The prominent storefront, strategically positioned to attract traffic, enhances your business's visibility and presence in the community. Located in Rutland Town, the property benefits from commercial zoning that supports a wide array of business activities, offering flexibility for various business models. Check if your venture is permitted in this zoning district. Its prime location ensures excellent accessibility for customers, suppliers, and employees. With significant potential for business expansion and increased profitability, this space is suitable for retail, wholesale, distribution, manufacturing, and more. Seize this unique opportunity to invest in a property that combines functionality and growth potential, laying the foundation for your commercial venture's success.

Features

  • Property Type: Industrial,Investment,Office,Opportunity,Other,Retail
  • Heating: Hot Air,Oil
  • Cooling: Wall AC Units
  • Units: 2
  • Zoning: Commercial
  • Frontage: 220
  • MLS#: 5022263
  • Website: https://www.raveis.com
    /prop/5022263/778usroute4e_rutlandtown_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-774-7007
Listing Agent: Leo Pond

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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778 U.S. Route 4 E., Rutland Town, VT, 05701

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $340,000 $340,000 $340,000
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 N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,291 $2,260 $2,867
Total Monthly Payment $2,366 $2,335 $2,942

* 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.