Don't miss this opportunity! A beautifully updated retail space is now available for rent in a high-traffic area of Berlin, CT. This space has been fully renovated with new sheetrock, fresh paint, and an ADA-compliant bathroom. It also boasts all-new utilities and an efficient HVAC system. Key highlights include: Conveniently located near Central Connecticut State University, Berlin High School, and major highways (Rt. 9, I-84, I-91, Rt. 72, and the Berlin Turnpike). Positioned in a bustling area with a traffic flow of 19, 000 vehicles per day and a dedicated traffic signal for easy access. Situated at the front of a vibrant retail outlet with neighboring businesses such as a restaurant, liquor store, dance studio, massage therapist, embroidery shop, bridal and suit studios, nail salon, and more. This space is perfect for your business, offering great visibility and foot traffic. Gross lease plus utilities. Act fast-this space won't last long!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $800 | $800 | $800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $5 | $5 | $7 |
Total Monthly Payment | $80 | $80 | $82 |
* 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.