Prime commercial opportunity awaits on busy Route 1! This cleared lot presents a rare chance to establish your business in Danvers' thriving commercial corridor. The property features an upgraded drainage system and convenient access to public utilities, making development straightforward. Generous parking accommodations ensure customers and employees will never circle the block searching for a spot. A newly constructed retaining wall adds both functionality and visual appeal to this unique parcel. The strategic location offers excellent visibility and traffic flow for service businesses. With its cleared condition and modern infrastructure improvements, this lot is ready for your vision to take shape. Don't let this uncommon commercial opportunity slip away in one of the area's most sought-after locations.
25 Popes Ln, Danvers, MA, 01923
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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