Business Zoned / Commercially Zoned 1.42 acre parcel located just minutes from Bradley International Airport. This nice level parcel is located on the corner of National Drive and Halfway House Road. BUS-1 zoned: Uses allowed or allowed with a special permit include but are not limited to: retail stores, restaurants, hotels, automotive services, auto sales, business and professional offices, banquet and conference facilities, multi- family dwellings etc. Bradley Airport Investment Zone. Tax Incentives: Newly constructed, renovated, or expanded facilities may qualify for a real property tax abatement based on the assessed value of the improvement to the real property. The exemption equals 80% of the improvement's assessed value, and it is effective for five years.
Frontage:
Municipal Street,Paved Road
Utilities
Electric Available,Gas Available
Lot Description:
Corner Lot,Level Lot,Cleared
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Listing courtesy of Sharon Rispoli, Berkshire Hathaway NE Prop. Email: srispoli@bhhsne.com
7B National Drive, Windsor Locks, CT, 06096
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB