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25, 888+/- SF of Industrial (Distribution/Wholesale) for sale in Rutland. Great location! Approx. 1/4 mile from the 170, 000 SF Walmart Supercenter redevelopment site (former Diamond Run Mall). Sited on 3. 71 AC, This functional wholesale/distribution property features two large connected buildings. The 6, 900+/- SF front sales building is perfect for customers and contractor pickups with an expansive showroom, staging warehouse, covered loading dock and door for outgoing orders/pickups, open sales office, conference room, and executive office suite. The staging area features 11' clear span but has good ceiling height and is currently limited by the lighting fixtures. The staging warehouse is connected to the large rear warehouse via a 288 SF interior forklift corridor. The rear building is 18, 700+/- SF of warehouse (100' x 187') with one 10' x 12' drive-in door and two dock doors (10' x 10' and 8' x 8'), and is accessed via a separate paved delivery/receiving lane with emergency turnaround. The warehouse is 9' clear span and the roof peak is approximately 15'+/-. This is priced for an AS-IS sale with the structure and roof appearing to be in good shape. Most mechanicals appear to be in good shape. Major deferred maintenance items include parking lot maintenance (sealing/paving/striping), overhead doors, missing heating unit/system, and lighting. This is a well-located and functional property that is ready for a facelift under new ownership. Seller is out of state with limited property knowledge - Buyer to verify all information and perform their own due diligence. Showings by Appointment Only. Available immediately. Well-qualified buyers only (no seller-carry available). Join neighboring businesses such as Coca-Cola, W. B. Mason, The Granite Group, FW Webb, Kalow Technologies, Sto Corp. , etc.
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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 | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,503 | $1,503 | $1,503 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,911 | $8,101 |
| Total Monthly Payment | $7,078 | $7,538 | $9,728 |
* 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.