Prime Commercial Property for Sale - Endless Possibilities Opportunity knocks on Route 3 in the lovely town of Lancaster. This 7. 1-acre commercial lot offers unparalleled visibility and frontage on the Connecticut River. The stunning gunstock post and beam building features a welcoming porch and a large greenhouse, just waiting for your dreams to take shape. This property has the space, infrastructure, and natural beauty to bring your entrepreneurial vision to life. With ample parking, plentiful electrical hookups, and direct waterfront access, this exceptional commercial lot is primed for success. Imagine the potential - a kayak and paddle board rental operation catering to adventurous locals and tourists. The tranquil riverfront setting could also provide the perfect backdrop for a serene wellness retreat or an elegant event space for weddings and celebrations. What about a lovely farm to table cafe? Imagine transforming this picturesque setting into your very own vineyard and winery. Once home to a flourishing garden center it could easily be one again. Don't miss your chance to make this property your own. This is an opportunity to create something truly special and transformative in a picturesque New England town. Reach out today to schedule a private showing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $923 | $923 | $923 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
Total Monthly Payment | $4,608 | $4,604 | $5,569 |
* 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.