Commercial / Development opportunity on almost 25 acres with over 1500 ft of road frontage on State Route 8. Currently, the storied OTIS POULTRY FARM with a 100 year history in the Berkshires. This property includes a 12,000 sq ft Main Building used as General Store & Cafe, plus several Outbuildings. Easily convertible to other uses. Tremendous potential including Housing, Retail, Lodging, Light Industrial, Solar, School/Retreat and Restaurant. High visibility. High Traffic Flow. Minutes from I-90. Close to Ski Areas, Lakes, Tanglewood, Jacob's Pillow, and all Berkshire attractions. This is a Developers dream property!
1570 Main Rd North, Otis, MA, 01253
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.
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