This is the perfect commercial location and a great business opportunity; close to downtown Norwich, NFA, HARTFORD HEALTHCARE, numerous doctor offices, law offices, hair salons close to town and local businesses. Make 2024 the year that you decide to stop paying rent for your business and own your independent building and save on expenses! Invest in your company and your assets by owning your building to operate your business in a great location with great walk-in access and traffic count. The possibilities are endless, Hair Salon, Nail Studio, Tattoo Studio, Therapist, Healthcare Office, Law Office, Accounting Firm, there are numerous business opportunities for this great building with hardwood flooring on the main level and carpeted flooring on the lower level. This commercial property offers private off street parking, paved driveway, newer roof (replaced 10 years ago) newer hot water heater, newer air conditioning condenser, newer handicap ramp, newer windows, siding, security cameras installed with sodded lawn for great curb appeal this property also has a sign with electrical for great visibility for your business. Nothing to do, but put your personal touches on this property with a front entry area, numerous offices on the main level, numerous offices on the lower level and multiple egress within the property that allows this property to be a perfect fit for any business!Call today to schedule your private showing! This property won’t last long and is priced right!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $216,000 | $216,000 | $216,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $366 | $366 | $366 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,437 | $1,436 | $1,822 |
Total Monthly Payment | $1,878 | $1,877 | $2,263 |
* 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.