This well maintained office building is located within close proximty to town services, downtown Meriden, plus several major highways and main thoroughfares. Located in a C-1 Central Commercial District, this zone offers many permitted uses. The main level is currently a dental office, however he's retring and building will be vacant Jan. 2024. The lower level, with a separate entrance, is vacant and ready for immediate occupany and has been recently painted. This floor offers a kitchenette and a half bath. Both floors can easily be reconfigured to suit the new owners wants and needs. The building offers 2 gas furnaces, with one unit just installed, 1 hot water heater, and 3 electric meters. The upper level features central vac. The electric services are updated, the driveway paving is less than 10 years old, and the rubber roofing is 10 +/- years old. Roof drainage is connected to 2 subsurface drains. The property and the property to its right own to the center of the common driveway, with each property having an easement to pass over each others property to get to their respective parking. Ample parking is located in the rear of the building. At this price, it makes sense for a business owner to own their own building instead of leasing. The building's exterior including its roof, the driveway and parking lot, and its mechanicals have all ben extremely well cared for. All the new owner has to do is tailor the interior to fit their needs. Schedule your private showing today.
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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 | $239,920 | $239,920 | $239,920 |
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 | $539 | $539 | $539 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,595 | $2,025 |
Total Monthly Payment | $2,251 | $2,209 | $2,639 |
* 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.