Rarely available prime free-standing corner retail building with high visibility on desirable Main Street in Watertown, just outside Watertown Square. Open plan plus huge full basement below. LONG time active organic dry cleaning business with dry cleaning and shirt plant providing an incredible opportunity for someone looking to take over and expend an existing business or for an owner-user or investor looking for a prime retail building for a new business - multiple addresses and front doors and substantial frontage if one wanted to look into dividing the space. In the newly established Watertown Square/Neighborhood Mixed-Use District - details at https://wa4234.zoninghub.com/ParcelDetails/601%2037B%200 and buyers can do their own due diligence for potential development opportunities. Note: Building is for sale as MLS 73476629 at $1,274,000 - must be purchased to buy busines (or you can buy building on its own).
473-475 Main Street, Watertown, MA, 02427
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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