Located in the heart of Downtown Orange, MA, within an Opportunity Zone, these two grand three & four-story brick buildings offer endless potential for redevelopment. With historic architecture and significant square footage, these properties are ideal for a range of uses, from mixed-use residential and retail spaces to office complexes or cultural centers. The Orange Economic Development & Industrial Corporation (EDIC) stands ready to assist in expediting permits and approvals, making this an appealing venture for seasoned developers.. An ideal location on the Millers River adjacent to a large parcel undergoing clean-up and near the location of another major, upcoming project downtown...Additionally, the buildings may qualify for Historic Tax Credits, providing potential savings on rehabilitation costs. Don’t miss out on the chance to breathe new life into these iconic structures and contribute to the revitalization of Orange's downtown core.
50-58 South Main St, Orange, MA, 01364
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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