Coming to market for the first time is one of Westwood's premier properties, located at highly visible 692 High Street. Gorgeous two-story 3,828 +/- sf brick free-standing building - one of the most desirable corner lots in Westwood's town center. This is an ideal location with excellent off-street parking and easy access to I-95/Rt-128. Ideal for retail and/or office space with a large basement. In addition, the the building is sited on a rare 10,000+ square foot lot at a highly visible signaized intersection. The property is surrounded by local and national tenants, as well as, some of the area's most luxurious homes. The property is currently NNN leased to a national tenant until at least September 2025 at over $162,000 NNN, offering a great opportunity for in-place strong returns while positioning the property for future use or development (buyer to verify). Ideal location and a dream for a long-term owner-user, investor or developer.
692 High Street, Westwood, MA, 02052
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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