Opportunity to own this free standing building on a corner lot on the much sought after Route 28 section of the city. An 18,000 sf lot which is further improved by a single story brick structure offering three large overhead doors which affords itself to many configurations and uses. Unbelievable upside potential while offering a high hourly traffic count. Present floor plan consists of two large garages and office space and one retail storefront. The redevelopment of the former Ford dealer just a couple of blocks away has changed the entire landscape of this south side corridor with the development of the new Cumberland farms and Family Dollar site which offers a new retail store, gas station, market etc.
264 South Broadway, Lawrence, MA, 01843
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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