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1027 & 1019 Coletta Dr are being sold together to provide additional parking or an opportunity to expand your business. This rare opportunity is almost 1/3 of an acre. It presents an excellent opportunity for an investor looking for cash flow or a business owner looking for a commercial property that provides space to expand. It's located in an established area with easy access to the main road and major highways; this is a rare chance to acquire a commercial property with an additional empty lot, giving you the ability to expand your business or use it for parking. It is currently generating $2, 700 a month with short-term leases, giving you the opportunity to keep the tenants or get it ready to start your business. The property consists of a reception area, a waiting area, 4 private offices, 2 cubicle spaces, a conference room/workspace, a kitchenette, and a bathroom. Both parcels are being sold together. Parcel ID 22-22-30-4304-01-050 and 22-22-30-4304-01-060. Don’t miss this valuable investment opportunity—schedule your showing today.
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Our Executive Mortgage Banker:
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$350,000
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 | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $508 | $508 | $508 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,590 | $1,677 | $2,233 |
| Total Monthly Payment | $2,173 | $2,260 | $2,816 |
* 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.