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Exceptional Investment Opportunity at 6100 Route 209, Kerhonkson, NY: This commercial property is prominently located on a main traffic artery in Kerhonkson, ensuring high visibility and easy access. On B zoning, the site is suitable for both investment or owner-occupied purposes. Originally constructed in 1981 as a bank, the building retains many of its original features, making it ideal for a variety of business uses. Property Features: • Approximately 2, 100 square feet of finished office space divided into multiple rooms • Situated on a single-level, 0. 87-acre lot • Professional, mature landscaping • Large paved parking area with about 35 parking spots • Central forced air heating and air conditioning • Unfinished below-grade basement with 10-foot ceilings, currently used for storage and mechanicals Bank Infrastructure and Adaptability: The property still features the drive-through window, teller counters, secure vault, and safety deposit boxes, making it well-suited for re-establishing a bank branch. The entry foyer, lobby, conference room, private office, and break room provide a versatile floor plan that can be easily adapted for other business uses such as a daycare center, insurance agency, medical practice (doctor, dentist, or veterinarian), or law office. Any modifications to the building for alternate uses are subject to town approvals. Expansion Potential and Accessibility: A full, unfinished basement with high ceilings offers extra storage, while the large parking lot ensures ample space for clients and staff. The 0. 87-acre lot provides room for future modifications. Its strategic location on Route 209 guarantees excellent visibility and accessibility, making it an outstanding business opportunity in an up and coming area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.508% | 5.794% |
| Monthly Tax Payment | $376 | $376 | $376 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,799 | $1,872 | $2,451 |
| Total Monthly Payment | $2,250 | $2,323 | $2,902 |
* 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.