1486 Highland Avenue, #STE 10, Cheshire, CT, 06410 | $399,900

Looking for a smart space to grow your business or diversify your investments? Welcome to 1486 Highland Ave Unit #10 in Cheshire - a flexible commercial condo offering the best of both worlds: End unit with lots of windows, office space and work-ready industrial setting functional all under one roof. With 3, 667 square feet total, the layout is thoughtfully designed to support productivity and versatility. The front of the unit features approximately 1, 687 square feet of office space, complete with a welcoming reception area, office, production office, conference room, kitchen- Full Bathroom and Large Half Bathroom, additional storage rooms to keep things organized. The warehouse space is wide open, making it ideal for a variety of uses. Compressor room, Mechanical Room, 10-foot Overhead at ground level - no loading dock needed. It's one of the few units in the complex with this feature, making it even more valuable. The warehouse is also climate-controlled with its own heating & cooling zone, fully sprinklered, 440V three-phase power service. Whether you're looking to house your entire operation here or want the flexibility to lease out part of the warehouse for extra income, this property checks all the boxes. Zoned and ready for use, it's located in central Connecticut with quick access to I-691, I-84, and I-91 - a convenient hub for your team, your clients, or your deliveries. This space doesn't just give you square footage - it gives you options.

Features

  • Current Use: Flexible manufacturing space with Office
  • Permitted Use: Work-ready industrial setting, Customizable shop space, World Headquarte
  • Utilities: Electric,Gas
  • Garage: Parking Lot
  • Parking: 12-car
  • Heating: Hot Air
  • Cooling: Central Air
  • Units: 1
  • Zoning: I-2
  • Frontage: State Road
  • Year Built: 1987
  • Approx Sq. Feet: 3,667
  • Est. Taxes: $5,182
  • HOA Fee: $274 Monthly
  • Lot Desc: Level Lot
  • MLS#: 24088263
  • Website: https://www.raveis.com
    /prop/24088263/1486highlandavenue_cheshire_ct?source=qrflyer
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Listing courtesy of Berkshire Hathaway NE Prop.

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NMLS Mortgage Loan Originator ID 93047

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1486 Highland Avenue, #STE 10, Cheshire, CT, 06410

$399,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Paul Addamo

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.990.2486

paul.addamo@raveis.com

NMLS Mortgage Loan Originator ID 93047

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,920 $319,920 $319,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.990% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.095% 7.141% 6.152%
Monthly Tax Payment $432 $432 $432
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,022 $2,126 $2,678
Total Monthly Payment $2,529 $2,633 $3,185

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.