66 Enfield Street, Enfield, CT, 06082 | $1,149,900

Prime Commercial Property with High Visibility! This exceptional 20, 779 sq. ft. commercial property is strategically located just 100 yards north of the 91 exit ramp and 200 yards from Longmeadow, MA. With a remarkable daily car count of 15, 000, your business will enjoy unparalleled exposure and foot traffic. Constructed with a robust combination of concrete block and steel beams, this property promises durability and longevity. The main building features five distinct sections, providing versatility for a variety of business ventures. Currently, the property generates immediate income with established tenants, including Meineke Mufflers and MOMS, a beloved community staple since 1973. Inside, the main area boasts a spacious showroom, two half baths, and an assembly/repair area complete with a loading dock. Additionally, there is a parts area with 14-foot clearance and a convenient overhead door for easy access. The upper level offers an additional 4, 200 sq. ft. comprised of seven rooms currently used for storage, which could easily be transformed into office space; this area was formerly a dance studio, providing ample room for expansion. Each unit is equipped with gas heat and its own central air conditioning, ensuring year-round comfort. 2 out of 3 units rented for a total of 113, 000 yearly. This property is ideal for entrepreneurs, investors, or businesses seeking to thrive in a high-traffic area with a proven history of success.

Features

  • Current Use: Auto, ATV Dealership, Retail, Office, Service
  • Permitted Use: Flex Space
  • Utilities: Electric,Gas
  • Heating: Hot Air
  • Cooling: Central Air
  • Units: 3
  • Zoning: BG
  • Frontage: State Road
  • Year Built: 1955
  • Approx Sq. Feet: 20,779
  • Acreage: 0.54
  • Est. Taxes: $18,534
  • Lot Desc: Dry,Level Lot,Cleared
  • MLS#: 24108254
  • Website: https://www.raveis.com
    /prop/24108254/66enfieldstreet_enfield_ct?source=qrflyer
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Harry Finer - The Finer TeamSales Vice President

860.882.4911

Harry.Finer@raveis.com

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To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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203.925.4590

For homebuyers and sellers, our Attorney Network:

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    requirements, sets up escrows and title insurance, coordinates closing documents
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66 Enfield Street, Enfield, CT, 06082

$1,149,900

Harry Finer - The Finer Team

Sales Vice President

William Raveis Real Estate

Phone: 860.882.4911

Harry.Finer@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $919,920 $919,920 $919,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment $1,545 $1,545 $1,545
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,009 $5,442 $7,578
Total Monthly Payment $6,678 $7,111 $9,247

* 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.