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Commercial Buildings for Sale – Adjacent Properties Zoned OB (Office Business) & Multi-Use located at 2288 & 2290 State Route 208, Montgomery, NY on 1 acre. The Beige Building – 2288 State Route 208 is a two-level office building which offers 2, 300 square feet of versatile space, perfect for a single tenant or as a multi-tenant flex space. On the first floor, you’ll find a welcoming reception area, a kitchenette, and two bathrooms. Upstairs, there are four spacious rooms, two bathrooms, and a walk-in closet, ideal for storing or archiving files. The building also features a full basement that can be shared among tenants if used as flex space. Currently, an insurance company occupies the property. With its adaptable layout and ample parking, this building offers tremendous potential for a variety of business uses. The Brown Building – 2290 State Route 208 is a one-level property that spans 1, 264 square feet and was previously used as a medical facility. It’s equally well-suited for office business use or can be reconfigured for medical purposes again. The space includes a reception area, a kitchenette, an office area, four additional rooms, a bathroom, and an outdoor ramp for accessibility. The building also has a basement and abundant parking available both in the front and rear. Both have ADA accessible ramps and bathrooms. Access the front of both properties from State Route 208. Access is also available from the rear on Old State Route 208. With its excellent visibility, daily high traffic and flexible space options, this building offers great potential for a wide range of commercial uses. Excellent road frontage, making these properties prime for businesses looking for visibility and accessibility. Whether you’re looking for a single-use property or seeking the potential to lease to multiple tenants, these two adjacent buildings present a fantastic investment opportunity. Close to I-84.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $1,637 | $1,637 | $1,637 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,743 | $3,942 | $5,023 |
Total Monthly Payment | $5,472 | $5,671 | $6,752 |
* 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.