Commercial Building For Sale in Thriving Downtown West Springfield, MA w/ 25 Deeded Parking Spaces. This building is neighbors with City Hall, Police, Fire & School Departments many well known restaurants, banks and National Brands. Ideal location for a downtown building offering high visibility and foot traffic Proximity to public transportation and key amenities further enhance the buildings appeal. Many long term stable tenants including the anchor Holyoke Credit Union with New Modern Remodeled Space on the 1st floor. This revenue generating, income producing building could be a great addition to your portfolio or the perfect building to begin one. Income & Expense Sheet is Attached
85 Elm St, West Springfield, MA, 01089
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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