Welcome to 314 Woodcleft Ave in Freeport — a versatile free-standing commercial building offering approximately 5, 600 sq ft of interior space situated on a 10, 500 sq ft lot. Built in 1986 and extensively renovated, this property is currently owner-occupied and utilized as an automotive sales and repair facility. The building features two 200-amp electric services, two gas meters, three separate heating zones, two bathrooms, two private offices, a kitchenette, and a reception area. Additional highlights include a 13. 5-foot drive-in door and ceiling heights ranging from approximately 14 to 25 feet, providing flexibility for a variety of commercial uses. The property also includes approximately 5, 700 sq ft of parking/storage area and offers the potential to be divided into two separate units. Suitable uses may include retail, warehouse, marine-related sales, automotive sales, equipment sales, service-related businesses, or other permitted commercial uses subject to local zoning and approvals. Conveniently located near major roadways, waterfront destinations, and local business amenities. Buyer should verify all information and permitted uses independently
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Our Executive Mortgage Banker:
$1,700,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
| 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 | $1,419 | $1,419 | $1,419 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,616 | $8,264 | $11,385 |
| Total Monthly Payment | $9,160 | $9,808 | $12,929 |
* 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.