Prime Corner Retail/Office Space in Glastonbury, CT Discover the potential at 313 New London Turnpike, a standalone single-family home zoned for commercial use, offering a unique opportunity for your business. This corner location boasts incredible visibility and outstanding signage positioning. The property includes the entire first floor and basement space, providing ample storage and flexible retail or office layouts. Previously a hair salon, this space is ideally suited for a variety of uses, including a hair or nail salon, dentist office, or physical therapy practice. Located in a high-traffic area near downtown Glastonbury, with over 12, 000 vehicles passing daily, it combines convenience, accessibility, and excellent exposure. The landlord is prepared to work with tenants on custom improvements, allowing you to tailor the space to meet your needs. Join a thriving commercial area surrounded by established businesses like The Whole Deli, SliceWorks, and Bicycles East. This location has great visibility and the benefits of being part of a dynamic local business community. Take the next step for your business at this one-of-a-kind property.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $22 | $22 | $22 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
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.