Introducing an investment opportunity (or for those end-users, let your tenants cover your mortgage while you enjoy the benefits of property ownership) to acquire a nearly fully leased office complex in the scenic Indian Hill neighborhood of Orange, CT. This multi-tenant property features three separate buildings and includes a spacious parking lot with serene pond views. Investment Highlights: Prime 1.77-acre mixed-use development site near Route 1, available for $2.2M. Includes three buildings totaling 40,240 square feet, home to Racebrook offices. Excellent accessibility: just 1 mile from I-95 and close to Merritt Parkway. Surrounded by major retailers such as Home Depot, Walmart, and Costco. Parking capacity for over 60 vehicles.
Frontage:
Municipal Street,Paved Road
Garage:
Paved, Off Street Parking, Driveway
Cooling:
Central Air, Zoned
Current Use
Mixed use, commercial and other
Utilities
Electric,Gas,Telephone,Cable
Lot Description:
Level Lot
Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Elizabeth Ciotta, Century 21 AllPoints Realty Email: elizabeth.ciottac21@gmail.com
284 Racebrook Road, Orange, (Indian Hill), CT, 06477
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
