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Located in downtown Clinton, this 2 story, 2, 621 square foot commercial property offers a clear slate for your business vision. The practical layout includes four separate entrances, making it suitable for single or multi-tenant use. Completely separate access for upstairs. Five dedicated parking spaces is an addition to its downtown location. Situated near Presbyterian College, Presbyterian Pharmacy School, as well as Thornwell Charter School, the property benefits from regular foot traffic. This building radiates historic character, being built by the local Dendy family. Combine with modern potential, and you have an ideal space for retail, office space, restaurant, or mixed-used development. Its bare bones condition, to include asbestos removal, allows complete design freedom, perfect for entrepreneurs looking to create their ideal space. LOCATION! Positioned in Clinton's business district, this property is well placed to capture local commercial activity. Contact us today to view this downtown commercial property, and explore all of the possibilities.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $104,000 | $104,000 | $104,000 |
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 | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $106 | $106 | $106 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $649 | $683 | $871 |
Total Monthly Payment | $830 | $864 | $1,052 |
* 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.