This MIxed use ( commercial & residential) zoned property, is conveniently located just a 5 minute drive from the new proposed train station, offering excellent connectivity and future growth potential. The site features two interconnected buildings with a combined 12,906 square feet of space on a 13,989 square foot lot. One building includes an oversized office space ideal for managing business operations, with inside access to the second building. Recent updates also include a newer roof and two new furnaces awaiting installation by the new owner. Additionally, take advantage of extra potential income by renting out two billboards on the property, providing excellent advertising and visibility. There may also be an opportunity to purchase a vacant lot separate from this property, adding further investment and development possibilities.
810-812 South 1st, New Bedford, MA, 02740
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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