Prime Town Center Redevelopment Opportunity. This17,072 sf Building sits on 1.75 acres with direct access to Downtown Lee and plenty of on-site Parking. It is a former Supermarket Building (see restricted uses). The Property has been the site of various commercial businesses dating back to the 1920s. It has additional frontage on Main Street opposite from the Town Hall.***Restricted Uses: Building leased in ''As Is'' condition. Property MAY NOT be used as a Supermarket, Dollar Store, Convenience Store or Drug Store. A Restaurant of up to 5000 sq.ft is allowed.****Property also available for SALE See MLS#249720
88 E Park St, Lee, (South Lee), MA, 01238
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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