Available for lease: office and retail suites ranging from +/- 1000 to 4000 sq ft within the Waverly Building located in the center of Cheshire. The building is anchored by M&T Bank and restaurant space. Combining suites or subdividing is an option. The building is on 3+ acres of land with over 130 parking spaces. The property’s corner lot location has entrances on Maple Avenue and Hinman Street, which leads directly to Route 10. Cheshire's population is +/- 30, 000 people and its median income is +/- $120, 000. The town is bordered by Southington, Meriden, Wallingford, Hamden, Waterbury & Wolcott. Nearby highway access includes: I-84 to the west, I-91 to the east, I-95 to the south and Route 691 to the north. Neighboring properties include: Stop & Shop, Ace Hardware, Cheshire Senior Center, the US Post Office and a variety of local retail stores, restaurants, and professional offices. For decades this building has been a vibrant part of the community. Now is the time to be part of its revitalization.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
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** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
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.