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Excellent opportunity to acquire a 7, 800 SF freestanding commercial building on 1 acre of flat land with 144 feet of frontage on Route 7 (Danbury Rd) in Wilton's GB Zone. The property features a 1, 450 SF Wheels gas station at the front and a 5, 000 SF 7-bay auto body shop in the rear, currently operating with a valid CT repair and dealer license. Upstairs is a 1, 440 SF air-conditioned office that offers potential for apartment conversion, subject to approvals. The site offers over 50 parking spaces and strong visibility in a high-traffic location, just minutes to I-95 and the Merritt Parkway. The GB Zone allows for a wide range of uses, including all uses permitted in the DRB Zone, making the property ideal for owner-users, investors, or redevelopment. This is a rare chance to acquire a flexible-use building in a highly desirable commercial corridor. Zoning regulations available upon request. Do not visit the property during business hours or disturb tenants. Showings by appointment only. Business only for sale MLS#24113636
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $4,400,000 | $4,400,000 | $4,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $3,340 | $3,340 | $3,340 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,620 | $25,677 | $35,952 |
| Total Monthly Payment | $27,085 | $29,142 | $39,417 |
* 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.