Very well located property in So. Burlington and ready for immediate occupancy. Burlington Int’l Airport, I89, are both just minutes away and CSWD is across the road. There are 3 sections to this building, all with different layout. Will rent entire building to one tenant or each section separately. There are 4 overhead doors ranging from 12’-6’ in height. Ceiling heights also vary. Once section is wide open with floor drain and overhead doors; one section is broken up into rooms of varying size and a small overhead door and several entrance doors; the 3rd section has been extensively updated with electrical and large rooms for manufacturing and large overhead door, and central AC. There is 3 phase power in the building with 4 electric meters. Ideal building for light manufacturing with 2100 sqft area for vehicle parking and repair and office areas, or 3 separate users. The entire lot is 1. 16 acres with several other mixed use building on the lot. This building is central to the lot and has lots of parking in front and on one side and 2 entry ways off of Patchen Rd. . Bring your ideas and take a look.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $8 | $8 | $8 |
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 | 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.