Rarely available in Greater Boston's most sought-after investment class, 4 Preston Court is a 24,751 +/- SF, two-story multi-tenant R&D/flex building positioned in Bedford's IND-B (I2) zoning district, adjacent to Lexington's prestigious Hartwell Avenue innovation corridor. The property is ideally configured for an owner-user seeking to occupy 50-60% of the building while retaining income from an established, diverse tenant base that includes health providers and R&D occupants.The building features flexible floor plates serviced by a 4,500 lb. capacity passenger/freight elevator, accommodating a broad range of uses including corporate office, R&D, laboratory, biotech, and light manufacturing. Bedford's I2 zoning further supports medical office and out-patient clinic uses by right, making this an exceptionally versatile asset.
4 Preston Ct, Bedford, MA, 01730
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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