Offered for sale is this historical Laconia property at 370 Union Avenue, which is located in the heart of Laconia in the Union Square Commercial Condominium complex. As part of Union Square this property has access to ample amounts of convenient parking. This 12, 273 +/- sq. ft one floor building has much to offer. There is a 2, 562 +/- sq. ft Salon with a long term tenant that is currently leased out. The main part of the building is 9, 711 +/- sq. ft and currently houses a successful interior design company. This main section is mostly free span which would allow for many different uses. High ceilings and large windows bring in great natural light to the space. The space also contains a conference room, kitchenette, bathroom, and a few offices. There have been many recent upgrades to the building including new doors and many of the windows have been replaced. The building also has a 3, 538 +/- sq. ft basement with garage door access that can be utilized for storage, warehouse space, or for other uses. The features this building offers are hard to match on the market today. Call listing agents to set up a showing today.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $517 | $517 | $517 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,650 | $7,185 | $9,557 |
Total Monthly Payment | $7,292 | $7,827 | $10,199 |
* 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.