Well-located auto sales/repair/autobody shop available for acquisition in a densely populated, highly trafficked commercial corridor. Property presents an excellent opportunity for an owner-operator or existing automotive business seeking to expand into a strong market with significant traffic and easy highway accessibility. The facility includes 7 bays total, incl. 5 repair & 2 detail, multiple vehicle lifts, and a functional shop layout designed to accommodate auto sales, repair, and auto body. The building also includes a brand new dedicated office and customer reception space, and is situated on a commercially zoned (I2) parcel suitable for industrial and/or automotive-related uses. Additionally, the facility allows for state inspection sticker services, creating the potential for additional recurring revenue streams for a qualified operator. Properties with established auto use are increasingly difficult to obtain due to zoning restrictions and permitting challenges. NDA Required
000 S Broadway, Lawrence, (South Lawrence), MA, 01843
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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