Featuring concrete floors and high ceilings, the building is equipped with 110/220/208 three-phase power, compressed air, HVAC, and LED lighting. It includes loading docks and receiving bays for efficient operations. The paved, well-lit parking lot can accommodate 247+ vehicles, making it ideal for inventory display or customer parking. Additional parking options also available. Recent installations include a forced hot air/waste oil furnace, one tandem axle lift, one single axle lift, a four-post 12, 000 lb. lift, and a commercial overhead exhaust system. Offices with multiple configurations are available to suit your administrative needs. This property is ideal for an automotive dealership or service center, equipment sales and service, retail showroom and warehouse, light manufacturing or assembly facility, distribution center or logistics hub, service and parts center, garden center or outdoor retailer, or commercial business incubator. Fully equipped and ready to meet your business needs, this property offers a prime location, extensive features, and significant growth potential. This property is an excellent owner/user investment, offering redevelopment opportunities or expansion options to suit your future growth. The seller and/or agent make no representation as to the accuracy of the square footage. Buyer responsible for their own due diligence.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,720,000 | $2,720,000 | $2,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,332 | $1,332 | $1,332 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,444 | $16,969 | $22,770 |
Total Monthly Payment | $16,901 | $18,426 | $24,227 |
* 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.