Prime Commercial Property at 1 Lake Street. This 4, 852-square-foot commercial building is located in the heart of the highly desirable Litchfield County, positioned on a prominent corner lot with exceptional visibility and easy access. Surrounded by thriving businesses and a strong consumer base, this property is perfectly suited for a variety of commercial uses. The building's open layout allows for versatile customization, making it ideal for a range of industries, including retail, office space, showrooms, or even a combination of these uses. Currently, the space is divided into four large sections, each approximately 700 square feet, along with 300 square feet of dedicated office space. Additionally, the building features separate men's and women's bathrooms (each with three fixtures), a handicap/family restroom, and a modest-sized kitchen. With clear-span construction, the interior walls are easily movable, offering maximum flexibility for redesign or reconfiguration to suit your business needs. The property is zoned as Town Center, allowing for numerous potential uses, such as: Accessory Residential Uses, Artisan Production, Bakery, Banks & Financial Institutions (without Drive-Thru), Commissary, Cultural Institutions Small Format Drug Store, Family Day Care Home, Home Occupation, Small Format Medical Offices, Business & Professional Offices, Restaurants, Small Format Grocery Retail, Personal Service Retail, Small Shops This building is ready to accommodate your entrepreneurial vision and is a fantastic opportunity to establish your business in a vibrant, high-traffic location. Don't miss the chance to make this versatile space your own!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $698 | $698 | $698 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,730 | $1,728 | $2,229 |
Total Monthly Payment | $2,503 | $2,501 | $3,002 |
* 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.