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Prime Neighborhood Shopping Center Built in 2022 — Exceptional Visibility & Strong Tenant Mix. Discover an outstanding commercial investment opportunity right in the heart of the village. Built in 2022 and impeccably maintained, this 6, 000sf neighborhood shopping center offers modern construction, strong curb appeal, and a highly visible location on a main road with steady traffic throughout the day. The main building features three 1, 800 sq ft units, currently occupied by a bagel shop, a pharmacy, and a micro-event venue—all secured with leases in place. Behind the main center sits a stand-alone building @600sf which is occupied by a baker, also under lease. The property offers 30–40 on-site parking spaces, with additional parking available directly across the street in the municipal lot, ensuring convenience for tenants and customers. This center benefits from commercial water and commercial sewer, and its excellent condition reflects pride of ownership. The pharmacist is also the end-user for the shopping center, adding long-term stability. Zoned Neighborhood Shopping Center, this property is ideal for an investor seeking stable income or an end-user looking for a highly visible, turnkey commercial asset in a thriving village location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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
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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 | $1,280,000 | $1,280,000 | $1,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.259% | 6.058% |
| Monthly Tax Payment | $2,364 | $2,364 | $2,364 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,168 | $7,777 | $10,715 |
| Total Monthly Payment | $9,657 | $10,266 | $13,204 |
* 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.