Commercial building with close to 20,000 square feet of gross building area, a 60+ paved parking lot, and an additional gravel parking lot. The site contains approximately 4.31 acres of land. The building is currently used as a bowling alley (Canal Bowling Lanes), and a lounge (Tin Can Alley) with a full liquor license. The building had previously housed a third business, Canal Trophy. It has been utilized as a bowling alley and other support businesses since it was constructed in 1962. The lounge section is approx. 2,200 square ft., the former trophy business is approx. 1,200 square ft. with the remaining space primarily used by the lanes & equipment area in the back. There is a total of 4 bathrooms, 2 heating systems, and 3 mini-splits. Located on heavily traveled Route 10 with great visibility and accessibility.
74 College Hwy, Southampton, MA, 01073
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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