508 Skitchewaug Trail, Springfield, VT, 05156 | $450,000

3, 500 square-foot, handicap accessible, commercial building for sale on 3. 2 flat country acres, surrounded by mostly farmland. Interior is a 40/60 split of warehouse and office space that includes a lobby, reception area, server room, lunch room, two bathrooms and a separate ‘president’s office’. New Lorax camera system provides security, and the building is completely wired for a computer network, with VTel fiberoptic providing internet access. Exterior of building has been completely redone with a high end, German engineered, hydrophobic coating, that only needs pressure washing to clean it, no painting necessary. Entire building has a brand new, standing seam metal roof, including the cantilevered section over the main entrance. New LED street light illuminates both the main front tar parking lot, as well as the rear hard pack, 18 wheeler accessible parking lot, where there is a concrete receiving pad, and an overhead door accessing the warehouse. All new HVAC throughout - high-efficiency propane boiler, air handler, AC condenser, as well as both cold and hot water tanks. Water is provided by an artesian well that generates in excess of 100 gallons a minute, and sewer is handled by a leach field. Receiving bay and warehouse, have a brand new epoxy, flake floor, and the walls and ceiling have been painted recently as well. Building has been inspected recently by VOSHA, and was brought up to code 100%.

Features

  • Property Type: Office
  • Construction: Masonry
  • Parking: Parking Spaces 5,Paved
  • Zoning: c
  • Frontage: 500
  • Year Built: 1955
  • Acreage: 3.2
  • Est. Taxes: $5,679
  • MLS#: 4944614
  • Website: https://www.raveis.com
    /prop/4944614/508skitchewaugtrail_springfield_vt?source=qrflyer
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Listing courtesy of OwnerEntry.com   Phone: 617-542-9300
Listing Agent: Dave White

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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508 Skitchewaug Trail, Springfield, VT, 05156

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.932% 7.055% 6.538%
Monthly Tax Payment $473 $473 $473
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,456 $2,365 $3,087
Total Monthly Payment $3,004 $2,913 $3,635

* 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.