Great opportunity to purchase a fully renovated building with its own secure parking lot. Currently used as a cannabis dispensary, this 7,000 sft commercial structure can be subdivided by new owner to accommodate multiple tenants depending on the desired and approved use of the commercial space. Ideal for entertainment / retail / beauty services / distribution business owner users, parts of the building can be rented out to other commercial tenants to offset operating and carrying costs. Close proximity to large number of apartments and houses should help the right business environment succeed with involvement of local employees and customers. Schedule your showing in advance for a full tour of the property, virtual tours are available as well.
40-42 Lyman St, Holyoke, MA, 01040
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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