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Charming and versatile property in the heart of Canton, CT, offering exceptional versatility and high visibility from Route 44-right across from Canton Green. Currently configured as three medical office suites, this expansive 4, 251 sq ft building includes 17 rooms, 1 full bath, and 3 half baths-two of which are ADA-compliant. The spacious first-floor rear unit boasts over 2, 100 sq ft, including a 700 sq ft open room. The two additional units each offer approximately 1, 100 sq ft, perfect for offices or boutique business or convert to a residence. Property highlights: Zoned in an area for both residential and commercial use, Parking for 24 vehicles, Public water and sewer, Updated electrical and plumbing systems, Oil heat and heat pump, Central air in new addition and window units in original house, Recent condenser (2 years old), First-floor handicap access, Wide board flooring and classic Colonial features, Soundproof addition built in 1980, Traffic counts: 8, 400 (Dowd Ave) and 26, 000 (Route 44) as of 2024 Ideal for medical businesses, salons/spas, retail, office use, or potential conversion to multi-family housing (subject to zoning approval) or residence. The original structure is heated with baseboard oil, while the addition uses an efficient heat pump system. Oil tank is located behind the main building. A rare chance to own a character-filled, flexible-use property in a prime location. Whether you're an investor, small business owner, or visionary , this property is ready to meet your goals. Listing agent is related to the owner. Also Posted MLS Number: 24094404
Type | Level |
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Bedroom 1 | Upper |
Bedroom 2 | Main |
Bedroom 3 | Main |
Family Room | Main |
Full Bath | Upper |
Half Bath | Upper |
Kitchen | Upper |
Living Room | Main |
Office | Main |
Primary Bedroom | Lower |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $911 | $911 | $911 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,576 | $3,711 | $4,674 |
Total Monthly Payment | $4,579 | $4,714 | $5,677 |
* 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.