Prime Commercial Opportunity in the Heart of Downtown Lakeville/Salisbury Step into a rare opportunity to own a stately Federal-era residence, now thoughtfully converted into a versatile commercial property, right in the vibrant center of Lakeville. Brimming with timeless charm, this distinguished building showcases soaring ceilings, elegant wood moldings, and classic architectural details throughout. The main level features seven spacious rooms , ideal for a variety of business ventures-from office suites and studios to wellness spaces or retail. A half bath and laundry room add functional convenience. The second floor , currently used as the owner's private residence, offers additional flexibility and could easily transition to expanded commercial use. This level includes two bedrooms , an office , two living areas , a kitchen and full bath -all brimming with natural light and character. A standout feature is the expansive 670 sq ft deck, a serene retreat surrounded by specimen trees and overlooking the beautifully landscaped grounds. The . 76-acre lot includes generous rear parking, a lush green lawn, mature trees, and a meandering brook that enhances the setting. The 1, 952 sq ft basement includes a full bath , mechanical room , ample storage , and a workshop space -currently operating as part of the business. Downtown Lakeville is on the rise, with new businesses and a blend of residential and commercial energy along Main Street. Located in the highly sought-after Northwest Corner of Connecticut , this property offers a rare chance to invest, live, and work in one of New England's most picturesque and dynamic small towns. Whether you're expanding your business, relocating, or investing in a thriving area-this is an opportunity not to be missed. Close proximity to Metro North Wassaic train station, local schools, restaurants and recreation.
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:
For homebuyers and sellers, our Attorney Network:
$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $352 | $352 | $352 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,396 | $4,772 | $6,610 |
| Total Monthly Payment | $4,840 | $5,216 | $7,054 |
* 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.