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Welcome to an exceptional commercial opportunity at 1218 W Broad St in Groveland. This distinctive two-story property, rumored to be a historic structure, offers a generous footprint on a sizable lot with ample parking, making it suitable for a variety of office or retail uses. The exterior presents a classic facade with a welcoming full-length porch on both levels, featuring white exposed rafters, wood siding painted a light yellow, and large surrounding trees that offer shade. Inside, the property showcases beautiful original wood details, including a grand staircase with rich wood banisters and newel posts, and preserved original hardwood floors throughout the main rooms. The first level features expansive, well-lit spaces, including a room with a charming wood-framed brick fireplace, and another large area with multiple bay windows and an exterior exit, all featuring high ceilings and thick white baseboards. An intricately carved wooden archway adds historical character to the main floor. The upper level includes several bright rooms with contemporary light gray walls and original hardwood floors, providing flexible space for offices or other needs. One room features three large windows overlooking the grounds and a tin roof below. Another area on the upper level is an enclosed porch with wrap-around windows, a slatted ceiling, and light yellow horizontal wood paneling, offering a pleasant outdoor-like space. The property also includes a functional kitchen space with tile floors and wooden cabinetry, as well as a room with a standing shower stall, suggesting potential for various commercial layouts. This building offers a unique blend of historic charm and practical space in a prime location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$690,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $552,000 | $552,000 | $552,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $339 | $339 | $339 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,306 | $3,444 | $4,547 |
| Total Monthly Payment | $3,737 | $3,875 | $4,978 |
* 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.