Prime commercial opportunity in the heart of Downtown Milford! This well-maintained property has been home to a local church for over 40 years. The current pastors are retiring and would welcome another religious organization, but the property is available to any buyer seeking a highly visible downtown location. Situated on a prominent corner lot at Main St & School St, this site offers outstanding exposure with strong vehicle and pedestrian traffic, surrounded by shops, restaurants, and downtown amenities. Heating system converted from oil to forced hot air gas approximately 10 years ago, with central AC also updated around the same time. Rubber roof replaced approximately 15 years ago with annual inspections and maintenance. Property features a full kitchen and dining hall, offices, kids playroom, finished lower-level space, and storage. Ample parking available evenings and weekends via nearby businesses and street parking.
29 Spruce St, Milford, MA, 01757
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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