The uses here are endless with major road frontage on Main St/Route 3 and the Connecticut River. Retail, sports, garden, automotive, office, medical office, animal business and the uses go in for ever. Lease or purchase this property. A former garden center still Equipped and ready to operate . The garden and landscaper items on the property are too long to list but here is a start: Lots of watering and pump infrastructure including many frost free hydrants and water lines. City water and river water systems in place. Many greenhouses, a garage, growing areas, display area, material display and storage for sale areas . The list just goes on and on. If you want to be in the garden center business this is the place to be. Or use the property for almost anything as it is on Main St with higher traffic and great visibility. The building is well suited for almost any retail or office business. If you don’t need the entire 7 acres, Lease what you need and we will lease the rest to someone else. The owner does prefer a long term lease if possible but Don’t forget …. This property is for sale if you would rather. Once the property is leased the sale option will disappear so rest assured your lease is secure.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $623 | $623 | $623 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,719 |
Total Monthly Payment | $4,530 | $4,432 | $5,434 |
* 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.