153 Main Street, #STE 15, Manchester, CT, 06042 | $129,900

This prime office condo, located on busy Route 83/Main St in Manchester, offers an excellent opportunity to own a versatile commercial space in a high-traffic area, Spanning 1, 509 sq. ft. , The first floor unit condo features a central Reception area, five therapy rooms or offices (three of which include sinks), a restroom, a kitchenette/storage room with a sink. Gas heat, and city water and sewer services. Ample on-site parking is available, making it convenient for both staff and clients, and the space is fully accessible, complete with an elevator and a handicap lavatory. Previously used as sleep lab for a medical office, this space is move-in ready for a sleep lab. It's ideal for a variety of professional uses, including medical, dental, therapy, legal, accounting, and more. The building itself is constructed with solid cinderblock, providing extra insulation for energy efficiency. It also features a private rear exit for added convenience. Located just 1/4 mile from Manchester Memorial hospital, the office enjoys excellent visibility and easy access for clients. Whether you're looking to utilize the entire space or rent out individual offices for extra income, this office condo is designed to grow with your business over time. It presents an incredible opportunity to own a beautifully maintained, adaptable space in a prime location. Build equity while avoiding long-term rental commitments.

Features

  • Current Use: Sleep lab
  • Permitted Use: Medical office, Attorney office, Dentist office. Physical therapy etc
  • Utilities: Electric,Gas
  • Heating: Hot Air
  • Cooling: Central Air
  • Units: 13
  • Zoning: B2
  • Frontage: State Road
  • Year Built: 1957
  • Approx Sq. Feet: 1,509
  • Est. Taxes: $3,149
  • HOA Fee: $473 Monthly
  • Lot Desc: Level Lot
  • MLS#: 24054767
  • Days on Market: 25 days
  • Website: https://www.raveis.com
    /prop/24054767/153mainstreet_manchester_ct?source=qrflyer
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Listing courtesy of RE/MAX Right Choice

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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For homebuyers and sellers, our Attorney Network:

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153 Main Street, #STE 15, Manchester, CT, 06042

$129,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $103,920 $103,920 $103,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $262 $262 $262
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $709 $691 $876
Total Monthly Payment $1,046 $1,028 $1,213

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.