Located at the intersection of Ferdinand Street and Park Avenue, this fully-occupied commercial property offers exceptional visibility and accessibility in one of Worcester’s busiest corridors. Positioned in a vibrant mixed-use zone surrounded by both dense residential neighborhoods and established commercial developments, this location is ideal for retail, office, service business, catered to both residential & commercial sectors. Highlights:- 100% occupancy with established tenants- Excellent visibility just off Park Avenue, a major Worcester commercial artery- Easy access to Route 9, Route 122, I-290, and 146- Located in a high foot and vehicle traffic area- Surrounded by national retailers and franchises including CVS, Walgreens, Dunkin’, AutoZone, Popeye's, McDonald’s, Planet Fitness, and more- Strong synergy with the area’s college and university population; Clark, Holy Cross, Worcester State & WPI to name a few.
1 Ferdinand St, Worcester, MA, 01603
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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