159 Grassy Plain Street, Bethel, CT, ***Property Overview: Available Space: 24, 160 square feet of manufacturing space with approximately 4, 000 SF of office space included. The space is available for occupancy starting May 1, 2025 Type: Industrial Manufacturing Facility Zoning: IP (Industrial Park), allowing for a wide range of industrial uses. Land Area: 3. 00 acres Condition: The property is in excellent condition. Environmental: The property has a clean environmental report, with documented phases I, II, and III completed and available for review. Lease: $11. 75 per square foot, gross. Estimated operating expenses are $2. 75 per square foot ***Building Features: Construction: Metal with a light pre-engineered steel frame Year Built: 1984, with updates in 2000. Ceiling Height: 17 feet Loading Docks: 1 exterior truck well. Drive-in Doors: 2 total Power: Heavy power with 2, 000 amps. Sprinklers: Wet Sprinkler System Heating: Gas heat Parking: 85 surface spaces, with a ratio of 2. 42 per 1, 000 SF. Utilities: Serviced by natural gas, municipal water and sewer. ***Recent Tenant Improvements: LED lighting throughout the factory and hi-bay storage area Installed kitchenette area New carpet and paint in offices 115v and 220v electrical drops throughout the factory New sub-panels for the factory Direct feed for new compressor Airline drops throughout the factory Hi-bay racking Dock spotting light Dumpster enclosure
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $10 | $10 | $10 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $0 |
Total Monthly Payment | $75 | $75 | $75 |
* 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.