Available for only the 2nd time in nearly 60 years, SRA is proud to present for sale this well-maintained, single-story commercial building. The former home of Connors Pharmacy for over 40 years, the building was thoughtfully renovated in 2013 for the Savour Wine & Cheese business. The interior offers a warm, inviting atmosphere with an open and flexible floor plan at the front of the space, suitable for a variety of commercial uses. The rear of the building is equipped with a full commercial-grade kitchen and bar, featuring a 9-foot exhaust hood, prep area, dishwasher, three-bay sink, and walk-in cooler. Additional features include 2 ADA-compliant restrooms, a private office, handicap accessibility from a dedicated 13-space rear parking lot, and an extremely clean, full-height 1,300-sqft basement. Prominently positioned at the corner of Prospect Street and Pleasant Street and just steps from Gloucester center, the property benefits from excellent visibility and strong traffic counts.
76 Prospect St, Gloucester, MA, 01930
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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