Property is currently zoned Commercial / Light Industrial, offering a straightforward path for buyers seeking commercial or industrial use. The Town has indicated openness to potential residential use; however, any zoning changes, approvals, or permitting are the responsibility of the buyer and subject to municipal review and approval. Seller may consider cooperating with the process with mutually acceptable terms, including deposit structure.Conceptual plans exist for both light-industrial garage bays and residential condominium development. The parcel has been structured as one of two condominium units, which may allow for efficient utilization of allowable Floor Area Ratio (FAR). Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, development potential, and approvals with the Town of Acton.
524 Main St, Acton, MA, 01720
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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