CORNER LOT MAJOR INTERSECTION. FOUR WAY LIGHT ON ROUTE 6 This site has the highest visibility for your business! The site has been graded and made pad ready to build. Current zoning is limited business and business zone made up of 2 parcels but zoning is superseded by the Slades Ferry District. Buyers review the by-law 9.5.5 use regulations SFCD on Town of Somerset website. The concept plan attached is an example of a use that could be done in the Slades Ferry District with commercial below and residential above, the zoning calls for a mixed use component, townhouses- apartment buildings. This is just a concept plan another option is to submit a zoning change for your use on the entire property back to just business zone. The site has 4 existing curb cuts and town water, sewer, and gas. Public parking is 600ft from this site. Your neighbors are Starbucks, Home Depot, Dunkin Donuts, Kentucky Fried Chicken, Sonic, Hotels, Stop & Shop, etc . OWNER IS WILLING TO LAND LEASE OR SELL
266 Slades Ferry Ave, Somerset, MA, 02726
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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