Prime Commercial Property in a High-Visibility, High-Traffic Location This exceptional commercial property offers 7, 000 square feet of versatile space in a sought-after area with significant visibility and traffic. The building features a spacious showroom, a welcoming reception area, three offices, two bathrooms, and an expansive open-plan repair area. Additionally, there is a dedicated auto body section, five overhead doors, an enclosed storage rack area, and several utility rooms. Zoned HM, the property is currently operating as an auto repair and auto body business, with previous uses including an auto showroom and lumberyard. The building is well-maintained and includes numerous upgrades, such as a new rubber roof, freshly repointed block wall masonry, and newly installed concrete splash and drain edging. The property is equipped with 3-phase electricity and two separate heating systems, including a waste oil furnace. The 1. 34-acre lot is fully paved and fenced, with the building centrally located, allowing for full 360-degree freight access and ample parking. Situated between Amenia, NY, and Sharon, CT, this highly desirable property offers a variety of potential uses, making it an outstanding opportunity for your business.
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Our Executive Mortgage Banker:
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$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
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 | $607 | $607 | $607 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,689 |
Total Monthly Payment | $4,398 | $4,394 | $5,388 |
* 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.