Excellent opportunity to own a commercial property in the desirable Albion neighborhood of Lincoln, RI. This well-located building offers outstanding visibility and convenient access, situated near major highways and a wide range of local amenities, making it ideal for a variety of business uses. The property features plenty of off-street parking, providing added convenience for employees, customers, and clients alike. With a flexible layout and solid footprint, the building presents great potential for owner-occupants, investors, or developers looking to reposition or enhance the space. Located in a thriving area with steady traffic and strong surrounding businesses, this property is well-positioned for future growth. Whether you're expanding your business or adding to your investment portfolio, this is a prime opportunity you won't want to miss. Don't miss out on the chance to unlock the full potential of this commercial property in a sought-after Lincoln location. Cash/ As-Is.
119 Main Street, Lincoln, RI, 02876
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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