Calling all auto collectors! Exceptional private storage facility available for the first time. The building presents an excellent opportunity to house a personal collection or to create a storage business. Centrally located on a well maintained, and highly visible road between the beautiful towns of Manchester and Dorset, this is a hobbyist's dream. This custom turn-key and fully renovated property (in 2022) has a capacity for 30+ cars. Meticulously designed, including 13 two-level Bendpak car lifts and one repair lift, a car wash station with in-floor drains, radiant floor heating, a relaxed luxurious lounge space with a propane fireplace, a kitchen area, and a full custom ADA compliant bathroom with shower. In addition, there is a beverage catering area in the main garage area which can be used for events, a full laundry room, a bedroom/office, and a balcony for additional office space and storage. All systems are new, and include a security system, electrical, lighting, climate control and a full-building generator. The secure building sits on a flat 7. 8-acre site, with an open paved parking area, and the site has further expansion and development opportunities. The building is currently permitted as a storage and distribution facility and is zoned RR- rural residential. Specific questions regarding permittable uses should be directed to the Town of Manchester Zoning Administrator.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,060,000 | $1,060,000 | $1,060,000 |
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 | $614 | $614 | $614 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,019 | $6,613 | $8,873 |
Total Monthly Payment | $6,758 | $7,352 | $9,612 |
* 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.