Excellent owner-user or investment opportunity to acquire a versatile industrial/flex commercial property located on busy South Broadway. The approximately 5,220 SF building includes 4,878 SF of manufacturing/warehouse space and 342 SF of office space and is currently configured for autobody and light industrial use. Property features include two spray booths, and ample parking for approximately 22 vehicles, and strong visibility with high traffic exposure. Ideal for autobody, contractor operations, service business, light manufacturing, warehouse, or flex commercial applications. Conveniently located with easy access to major highways and surrounding retail/commercial amenities. Excellent opportunity for owner-occupants or investors seeking a well-located commercial asset with flexible use potential.
341 S. Broadway, Parcel I, 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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