Amazing opportunity in the heart of Essex Junction at the former Pizza Hut property, now converted into a two-unit commercial building and ready for occupancy. Unit 1B offers 1,289 square feet of commercial space with a gross monthly lease rate of $3,000, which includes property taxes, maintenance, landscaping, snow removal, and water/sewer. Recently converted into two commercial spaces, the property offers flexibility for a variety of business uses, and Unit 1B is ideal for office, retail, or other small business operations. Unit 1A is also available; it is slightly larger and still has some kitchen equipment in place, making it perfect for a small restaurant focused on takeout and delivery, with some in-house seating. Tenants are welcome to make any desired upgrades or modifications to the interior space. The property has been recently painted for a fresh new look, and a brand-new central air system and updated electrical service have been installed.
1B David Drive, City Not Found, CT, 05452
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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