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1930 Silas Deane Highway presents a rare opportunity to acquire a large-scale commercial property located along one of Central Connecticut's most active retail corridors. The property consists of a 35, 705 square foot commercial building situated on approximately 1. 40 acres with direct frontage on the highly traveled Silas Deane Highway in Rocky Hill, Connecticut. Originally constructed in 1965 with steel construction and masonry exterior, the building most recently operated as an American Freight retail and warehouse facility. The current layout provides a versatile mix of retail showroom, warehouse/distribution space, and second-floor office or showroom areas, making the property suitable for a variety of commercial, industrial, or redevelopment uses. The ground floor features approximately 16, 000 square feet of retail/showroom space positioned along the front of the building with strong visibility and signage potential along Silas Deane Highway. The rear of the building contains approximately 12, 000 square feet of warehouse and storage space with approximately 20-foot ceiling heights, ideal for distribution, storage, logistics, or light industrial use. A second-floor mezzanine level of approximately 7, 000 square feet provides additional office, showroom, or storage capacity. The warehouse portion is serviced by a loading dock and three 10-foot overhead doors, allowing efficient truck access and operational flexibility. The site includes a large paved parking area. There are 5 to 6 spaces currently available for lease, including approximately 10, 000 SF, 9, 000 SF, 3, 000 SF, and three 2, 500 SF spaces. One of the 2, 500 SF spaces may also be combined with an additional 8, 000 SF space, depending on the tenant's needs and desired layout.
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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 | $2,040,000 | $2,040,000 | $2,040,000 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | $3,590 | $3,590 | $3,590 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,423 | $12,395 | $17,077 |
| Total Monthly Payment | $15,138 | $16,110 | $20,792 |
* 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.