Great Opportunity to have your business directly on Boston Road and Nine Mile Pond! This mixed use property contains three buildings, the larger commercial building (2589 Boston Rd) and two additional residential rental units (2597 & 2599 Boston Rd.). The 5,000 square foot commercial building was once an Inn and then a restaurant. The rental units are directly on the water and have water access. The Commercial building also has water views from the second floor restaurant area and has water access via a dock. The restaurant area has been mostly gutted and needs the new owners vision to complete what the current owners started or begin your own adventure. The lower level has been updated and turned into multiple offices and currently houses a business which will be moved. This property is a little over two acres, and is on two separate parcels. 2599 is a 2 bed 1 bath 750 sq. foot residence and 2597 is 1 bed 1 bath 900 sq ft residence.
2589 Boston Road, Wilbraham, MA, 01095
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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