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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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.