Brand-New 3-Unit Strip Center on Smith Street Introducing a prime commercial opportunity at 1729 Smith Street a newly constructed 3-unit strip center offering 4, 182 rentable square feet. With one unit already leased and two units available, this property is perfect for investors or businesses looking to establish themselves in a modern, high-visibility location. Key Features: Brand-New Construction: Contemporary design and build, offering a fresh and appealing space for tenants. Flexible Layout: 4, 182 rentable square feet divided into three units, ideal for retail or office use. Tenant Opportunity: One unit is already leased, with two units available for new tenants perfect for customizing tenant mix. Lot Size: Situated on a spacious half-acre lot with ample parking for customers and employees. Prime Location: Positioned on busy Smith Street, offering excellent visibility and access. Whether you're an investor seeking a new addition to your portfolio or a business looking for a premier space, this property is ready to meet your needs. Contact me today for more details or to schedule a tour!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $979 | $979 | $979 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,163 | $7,876 | $10,623 |
Total Monthly Payment | $8,267 | $8,980 | $11,727 |
* 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.