Manufacturing/ Warehouse/ Distribution property for sale. Over 40,000 square feet total, with approximately 36,000 sf production/ warehouse, and 6,000sf mezzanine warehouse and 3,600sf mezzanine office. Situated on 3.3 acres on high traffic Route 107, this facility has 480V, 1,200 Amp Phase 3 Power, 24' clear height, 36 parking spaces, a total of 9 loading docks, 6 with levelers. This building is ideally suited for a warehouse/ distribution user wanting superior visibility and access to major routes through the north shore. This location is near MA Route 128, I-95, and is less than 30 minutes from Boston Logan International Airport. Property information was obtained through the seller and public records. Prospective buyers must perform due diligence as to measurements, material facts and suitability of the property for their intended use. Offering Memorandum for this opportunity is under development.
220 Highland Avenue, Salem, MA, 01970
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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