Great opportunity to own prime 3278 SF business A zoned property. Presently 2 restaurants + 2 ministries. Located on over 1/2 acre lot. Tenants on 4 short term leases who pay all of their own utilities and all renovations. A versatile property with many possibilities, bank, chain store or restaurant, etc. Former tenant was a bank who left 2 large 2 lane concrete drive-thru = no parking problems with the massive parking lot. A possible car wash or gas station (with permits). On Rt. 20 with great visibility. High traffic route with excellent access to I-291, I-91 and MA Pike.
599-609 Page Blvd, Springfield, MA, 01104
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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