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68 Center Street, #19, Barnstable, MA, 02601 | $599,000
First floor commercial condominium constructed circa 2007. Steel frame, Class A construction. Being in the middle, first floor, gas heat/ AC costs are very low. Other businesses in the building include Beyond Beauty Salon & Spa, Sign-It, Cape Cod Hand & Upper Extremity Therapy, and a new IT business in the end unit. There are 16 high-end residential condos above. This space has been leased to several tenants since the complex was built; it is currently vacant, available for the new owner's business. Space features high ceilings and flexible layout, currently providing for 4 offices, conference room, large kitchen, 2 ADA baths, storage and large, open areas. None of the walls are load bearing. The parking in the front is reserved for the businesses. There is additional deeded parking behind 70 Center Street, just to the south. The condominium is connected to municipal water and sewer. This is a meticulously maintained complex, under new management. Property is close to the HyLine, Steamship Authority, Cape Cod Hospital, downtown restaurants and shopping. It's also a short drive to the Mid-Cape Highway, exit 68(6) or 72(7). The condo docs prohibit a ''spa'' so long as there is already on in the complex. There are several other disallowed uses. Inquire with list agent. This property is available for lease, possibly with an option to purchase. Inquire with list agent.
Features
- Property Type: Retail,Condominium
- Current Use: No Current Use
- Permitted Use: No Current Use
- Construction: Brick, Clapboard, Sheet Rock, Metal Fabric
- Utilities: Electricity Available, Natural Gas Available, High Speed Internet, Phone Available, Underground Utilities
- Garage: See Remarks, Paved Lot
- Levels: 1
- Heating: Forced Air
- Cooling: Central Air
- Approx Lot Sq. Feet: 90,820
- Units: 21
- Zoning: SPLIT HVB;TD
- Year Built: 2007
- Approx Sq. Feet: 2,790
- Acreage: 2.08
- Est. Taxes: $5,595
- HOA Fee: $650 Monthly
- Lot Desc: In Town Location, Major Highway, Marina, Medical Facility, School, Shopping, Level, North of Route 28, South of 6A
- School District: Barnstable
- Appliances: Electric Water Heater, Water Heater, Refrigerator
- MLS#: 22302627
- Website: https://www.raveis.com
/prop/22302627/68centerstreet_barnstable_ma?source=qrflyer
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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
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68 Center Street, #19, Barnstable, MA, 02601
$599,000
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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
| Monthly Tax Payment | $466 | $466 | $466 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,109 |
| Total Monthly Payment | $3,827 | $3,743 | $4,667 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630