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118 Thornton Drive, Barnstable, MA, 02601 | $3,150,000
A very rare 9, 572 sq ft commercial/industrial/ warehouse property in the Hyannis Industrial District. 118 Thornton Drive, offers very rare uses. The warehouse on a large . 45 acre lot with significant parking and a secured storage lot. VERY RARE USES. For over 30 years, this property has been operating as an auto body and full mechanical repair shop in addition to auto and marine related sales and parts. The shop is fully equipped with multiple lifts, a complete Hunter alignment and wheel balancing area, a professional heated and a complete modern spray booth large enough to accommodate full size commercial vehicles. The entire building has ceiling mounted radiant heat throughout. The building has had many recent updates including roofing, siding, painting, new overhead doors. There are full service areas, spray booth facility, a separate finishing and display showroom. There is also a waiting area and office area. Outside, you have a newly paved parking lot with brand new drainage and a large secure fenced in parking area, and town sewer. The multiple existing uses combined with the underlying industrial/ commercial/ light manufacturing zoning make this a very rare opportunity.
Features
- Property Type: Industrial
- Current Use: Automotive, Warehouse, Other, Entrepreneur Spec Sh, Auto/ Body- Service- Sales- Industrial
- Permitted Use: Automotive, Warehouse, Other, Entrepreneur Spec Sh, Auto/ Body- Service- Sales- Industrial
- Construction: Vertical Siding, Steel Siding, Metal, Plaster, Other - See Remarks, Metal Fabric
- Utilities: Cable Available, Underground Utilities, High Speed Internet, Electricity Available, Natural Gas Available, Phone Available
- Garage: Driveway, Gravel, On Street, Paved Lot, See Remarks, Paved, Garage, Off Street
- Levels: 1
- Heating: Forced Air
- Cooling: None
- Approx Lot Sq. Feet: 19,602
- Zoning: IND
- Year Built: 1973
- Approx Sq. Feet: 9,572
- Acreage: 0.45
- Est. Taxes: $7,297
- Lot Desc: In Town Location, Medical Facility, Major Highway, Shopping, Level, West of Route 6
- School District: Barnstable
- Appliances: Electric Water Heater, Water Heater
- MLS#: 22405761
- Website: https://www.raveis.com
/prop/22405761/118thorntondrive_barnstable_ma?source=qrflyer
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
118 Thornton Drive, Barnstable, MA, 02601
$3,150,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,520,000 | $2,520,000 | $2,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
| Monthly Tax Payment | $608 | $608 | $608 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,507 | $15,722 | $21,095 |
| Total Monthly Payment | $15,240 | $16,455 | $21,828 |
* 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
MA Mortgage Lender and Mortgage Broker #MC2630