Located in the geographical center of Connecticut, this commercial land offers numerous opportunities boasting 440' of road frontage. Accessible from the Southbound lanes on West side of State Route 5/15, the property consists of 3 parcels totaling 6.25 acres. Former structure has been removed and Phase 1 Environmental Site Assessment has been completed. Zoning has been changed to BT-1, potentially allowing for medical clinics, amusement facilities, gas station, car wash and day care operations to name a few. Average daily traffic volume exceeds 50,000 vehicles per day. Property also listed for lease and land sale ML#170605487. Don't miss out!
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Listing courtesy of Heidi Weed, Lamacchia Realty Email: hweed@lamacchiarealty.com
1162 Berlin Turnpike, Berlin, CT, 06037
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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