Well-maintained church property with surplus land, on historic Broadway. Offices, kitchen, dining area, meeting rooms, and both large and small sanctuaries. Large parking areas and courtyard. Property consists of two parcels; 248 Broadway and 26 Broad St. Total 12,718sf. Public Water & Sewer, propane and forced A/C, with radiant heat. Traffic count on Broadway is 5,300 daily averages. Ample parking. 248' Road frontage on Broadway; 134' Road frontage on Broad St. For Sale $990,000 PERMITTED USES: Recreation, Nursing Home, Hospital, Non-Profit Club, School, Place of Worship, Family Day Care...
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Listing courtesy of Norman Peck, Signature Properties of NewEng Email: npeck@propertiesct.com
248 Broadway, Norwich, CT, 06360
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.
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