Memorial Ave Flex Portfolio | $1,600,000 Investment opportunity consisting of two commercial properties in West Springfield, MA, strategically located along and near Memorial Avenue (MA Route 147), a primary business and industrial corridor.The portfolio includes a flex industrial/retail/office property at 733–759 Memorial Ave and a fully industrial warehouse property at 21 Bramble St. Both assets offer strong regional connectivity with access to I-90, I-91, downtown Springfield, and the Eastern States Exposition (The Big E). The Bramble St property consists of two (2) 1,080 SF industrial warehouse units with drive-in access, suitable for contractors, trades, light industrial, and storage users. The Memorial Ave property offers flexible commercial space in a high-visibility corridor. Lease-up investment opportunity with value creation through tenant placement and stabilization.
759 Memorial Ave, West Springfield, MA, 01089
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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