Flex/Commercial & Industrial Building features a total of 13,400 SF +/- on .96 acres. The current tenant, Breen & Sullivan Mechanical Services, has occupied the property as its corporate headquarters since 1995, will be relocating to a new facility when their lease expires in March 2025. The current layout features approximately 6,200 SF of warehouse/production space with 4 grade level overhead doors. Up to approximately 3,000 SF of additional warehouse/production space may be created by removing the existing first floor office space. If desired, the configuration of the building lends itself to subdivision for 2 - 3 tenants. At one time, a wholesale plumbing supply occupied 5,000 SF until Breen & Sullivan expanded into the entire facility. Strategic location - just off Rt 62 and 1/4 mile from Route 128 (exit 42).
7 Healy Ct, Danvers, MA, 01923
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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