Don't miss this prime investment/development opportunity in historic downtown Rockport, ideally positioned on the corner of Bearskin Neck and Bradley Wharf, featuring 2,000+ SF of mixed-use space on 3 levels, currently used as 2 retail shops and 2 one-bedroom apartments with stunning views of the harbor and Motif #1. The shops have active leases through year-end. The apartments are vacant and ready for a new chapter of renovation, potential reconfiguration, and use as short or long term rentals or recombined as a spacious single family unit. There are 2 lower level basement areas, one with utilities including separate electric panels, the other is heated and currently used for storage. Resident parking and harbor access are at your doorstep. Bring your creative ideas to maximize this versatile building's potential in a premiere, high traffic, village location!
13 Bearskin Neck, Rockport, (Bearskin Neck), MA, 01966
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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