Introducing 347 Dartmouth Street, a prominent commercial property located in a mixed-use zone in New Bedford, MA, celebrated for its long-standing business presence. This 5590sqft facility on an 8, 529 sq ft lot offers a solid foundation for varied operations including current mechanic use, other business, or potential redevelopment. Equipped with six drive-in doors, eight service bays, & eight hydraulic lifts, it is ideal for automotive or industrial applications. The property includes dedicated office space and ample storage, with two bathrooms enhancing convenience. Situated in a high-traffic area, it offers excellent visibility & accessibility, providing businesses with the opportunity to engage consistently with foot and vehicle traffic. This versatile property is a smart investment for those looking to maintain or establish a lasting commercial presence in a thriving community. Sale includes real estate & fixtures. Business can be purchased separately. 3D tour available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $1,077 | $1,077 | $1,077 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,868 | $3,722 | $4,723 |
Total Monthly Payment | $5,037 | $4,891 | $5,892 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.