For sale: 16,050 sq. ft. industrial building on 2.29 acres, featuring additional land for yard storage or future development. With ceiling heights ranging from 10 to 16 feet, this versatile property was originally built for manufacturing but is also ideal for storage and various commercial uses due to its central location. This is a great opportunity to own a piece of Putnam as the town continues to grow. The property can be utilized as-is for manufacturing or expanded for riverfront development, such as multi-unit rentals or a restaurant. It is conveniently located near Main Street and the hospital, with easy access to the highway. Any change of use will require town approvals.
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Listing courtesy of Peter Lange, CR Premier Properties Email: lange.pvs@gmail.com
124 Pomfret Street, Putnam, CT, 06260
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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