Rare offering. Exceptional opportunity. New construction. with 49 Parking spaces. Brand new Commercial Condo built as restaurant/bar in a prime location. (Also being sold together with 20 Innerbelt Road, a brand new Commercial Condo next door. See MLS #73397373 & MLS #73397375). Walls, plumbing & rough mechanicals already in place. Just bring your vision to life! Situated on ground floor of striking new building with 234 residential units above & Holiday Inn directly across the street. Ideal location midway between Union Square & Assembly Row with easy access to 1-93 & Boston. Excellent visibility with high pedestrian & vehicular traffic. Also features 49 indoor/underground parking spaces. Great space & set up for restaurant/bar operators, event venue or could be used for professional services. Incredible built-in customer base with strong growth potential. Some use restrictions. Buyer responsible for final buildout & due diligence. OWNER WILL LISTEN TO ALL OFFERS
18 Innerbelt Road, Somerville, MA, 02143
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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