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Exceptional mixed-use investment opportunity in the heart of Downtown Carmel, offering outstanding visibility and a highly desirable location for both business and income-producing potential. This well-maintained commercial property provides flexible space across multiple levels, making it an ideal addition to an investor’s portfolio or a perfect opportunity for an owner-user seeking future growth. The first floor features a welcoming reception area, private office, large executive office, conference room, kitchen, and bathroom, creating a functional layout for a wide range of professional uses. The second floor offers three additional office spaces and a full bathroom, providing flexibility for multiple tenants, expanding operations, or additional workspace. A walk-up attic on the third floor offers valuable storage space, while the full basement provides even more storage capacity and houses a newer oil burner. Additional highlights include central air conditioning, strong street presence, and excellent exposure in one of Carmel’s most traveled commercial corridors. With its versatile layout, ample storage, and prime location, this property presents a compelling opportunity for investors seeking stable occupancy potential and long-term value appreciation. With variances could be 2 units. Price to sell!
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Our Executive Mortgage Banker:
$399,900
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 | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $682 | $682 | $682 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,892 | $1,996 | $2,635 |
| Total Monthly Payment | $2,649 | $2,753 | $3,392 |
* 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.