Don't miss out on this exceptional opportunity to acquire a versatile Retail/Industrial building boasting an impressive 9,930 square feet of interior space, complete with convenient off-street parking located at the rear of the premises. With a prominent storefront and a spacious open floor plan spanning all three floors, this property offers endless possibilities for adaptation and transformation. Recent upgrades, including a brand-new roof and columns, make this building ready to fulfill a variety of purposes. Essential utilities are in place and functioning, awaiting a new owner's future build-out. Of particular note is the potential for conversion into multifamily residences, subject to thorough buyer due diligence. The property is located within a residential zoning district, giving it further versatility and value.
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Listing courtesy of Thuyan Tran, Oxford Realty Email: thuyan1tran@gmail.com
500 Burritt Street, New Britain, CT, 06053
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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