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The Summit Professional Center is a beautifully updated, historic-designated building that blends classic charm with modern functionality. Located directly across from Sunrise Park, a scenic riverfront space with public dock and additional parking, the property offers both convenience and a peaceful natural setting. Designed with feng shui principles to promote balance, harmony, and success, this exceptional property is truly one of a kind. The building showcases stunning craftsmanship, with preserved oak flooring, elegant craftsman-style arches, rich wainscoting, and a striking herringbone tile design throughout the hallways. Every element has been professionally designed to enhance the flow of energy and create a welcoming, tranquil environment. The building is in impeccable condition, with all major systems meticulously updated, including plumbing, electrical, roof, windows, and added insulation. Constructed with durable double block materials and featuring an underground water retention system, the property sits high and dry, ensuring lasting protection and peace of mind. Mature trees surround the property, enhancing its beauty and providing natural shade, while abundant on-site parking and additional public parking across the street at Sunrise Park make access easy and convenient. River and park views further elevate the serene, inspiring atmosphere of this unique professional center. The first floor currently operates as a legal office, offering a flexible layout with multiple large and small office spaces, conference rooms, file rooms, and multiple entry and exit points. The second floor is fully leased with five professional units, each thoughtfully designed to maintain the building's historic character. Additionally, there is an owner's suite featuring a full kitchen, bathroom, living area, and gorgeous river views providing a perfect private retreat or additional rental income. The building offers a total of nine bathrooms, including two full baths with showers, three kitchens or kitchenettes, and two laundry areas, accommodating a wide range of professional uses. With the potential to create up to 15 rental units, The Summit Professional Center offers exceptional flexibility for both owner-occupants and investors. Whether you envision running your own business while earning passive income or seeking a fully operational, low-maintenance investment property, The Summit delivers unmatched potential. Its combination of historic charm, updated infrastructure, beautiful surroundings, and thoughtful design make it a true gem in today's commercial real estate market.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $1,152 | $1,152 | $1,152 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,403 | $8,755 | $12,290 |
| Total Monthly Payment | $9,680 | $10,032 | $13,567 |
* 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.