557 Route 44-55, Highland, NY, 12528 | $499,000

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.

Features

  • Property Type: Business
  • Construction: Frame
  • Utilities: Electricity Connected
  • Heating: See Remarks
  • Cooling: Wall/Window Unit(s)
  • Est. Taxes: $8,635
  • MLS#: 892025
  • Days on Market: 105 days
  • Website: https://www.raveis.com
    /prop/892025/557route4455_highland_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Michael SheaSales Associate

508.930.2090

Michael.Shea@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

557 Route 44-55, Highland, NY, 12528

$499,000

Michael Shea

Sales Associate

William Raveis Real Estate

Phone: 508.930.2090

Michael.Shea@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
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.