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Presented by
Michael Shea |
Prime Commercial Property for Sale - Marlboro/Highland, NY. Location, Visibility, and Versatility in One Package! This renovated commercial gem offers exceptional visibility and high traffic exposure, located directly across from a bustling gas station and just minutes from the popular Rocking Horse Ranch Resort. Whether you're looking to expand your business footprint or invest in a high-potential location, this property delivers. Property highlights include the fully renovated building with modern updates throughout that's ready for immediate use, the three spacious bay garage that's ideal for storage, automotive use, workshop, or flexible commercial operations, ample parking for customers, staff, or fleet vehicles, and a strategic location across from a high-traffic gas station. All of this is located only 5 miles from the NYS Thruway (I-87) and the Mid-Hudson Bridge, and only minutes away from Rocking Horse Ranch, a major tourist destination. This property is suitable for a wide range of commercial uses with easy access to major routes. This commercial property offers exceptional versatility for a wide range of businesses, from automotive repair and detailing services to contracting operations, retail showrooms with integrated storage, or investment opportunities with strong rental potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
Sales Associate
William Raveis Real Estate
Phone: 508.930.2090
Michael.Shea@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $720 | $720 | $720 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,458 | $2,521 | $3,315 |
| Total Monthly Payment | $3,253 | $3,316 | $4,110 |
* 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.