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Presented by
Annie Dillon - The Annie Dillon Team |
Prime commercial space available in the highly visible Gugliotti's plaza located along the busy Silas Deane Highway retail corridor. This approximately 4, 800 square foot space offers a wide-open layout with 12-foot ceilings and is currently in shell condition, allowing a tenant to design and build out the space to suit their specific business needs. The property is zoned Town Center (TC), which allows for a wide range of commercial uses including retail, professional office, medical, health and wellness, fitness, educational or service-related businesses. The building has recently undergone renovations and is part of a well-maintained multi-tenant property with strong visibility, easy access, and ample on-site parking. Positioned within one of the area's most active commercial corridors with strong daily traffic counts and convenient access to major highways. Excellent opportunity for a business seeking a customizable space in a high-traffic, central location. Tenant is responsible for their proportionate share of the total building square footage, including taxes, insurance, exterior maintenance, interior maintenance, and all utilities. More information: Silas Deane Highway is a major retail corridor with ~20, 000+ vehicles/day traffic connecting Hartford to Middletown with strong surrounding retail recognition such as Marshalls/HomeGoods, Ulta Beauty, Starbucks, Planet Fitness, and Ocean State Job Lot, which helps drive retail traffic in the area.
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$25
Sales Vice President
William Raveis Real Estate
Phone: 860.729.2998
Annie.Dillon@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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 | $20 | $20 | $20 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $0 | $0 | $0 |
| Total Monthly Payment | $75 | $75 | $75 |
* 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.