Great investment opportunity for a retail, light manufacturing, automotive and/or warehouse space on the high traffic RT72 state road. Building is 11,010sf on .62 acres. Front unit 1 retail space has been an Ice Cream Parlor and Daycare and main unit has been a Flee Market. Some of the other possible uses are Welder or Fence Company. Owner says 6 rental units can be used for a great income potential. Roof is approximately 12 years old. Ample parking with 10,000sf paved. Nat gas to building. Three units have overhead doors. Covered loading platform has 110sf. Basement has 2,640sf. Priced for a fast sale!
Permitted Use
Retail, Daycare, Flee Market, Warehouse
Utilities
Electric,Gas,Telephone,Cable
Lot Description:
Level Lot
331 Park Street, Bristol, CT, 06010
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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