Southborough commercial property with existing Class II auto dealer license/use history. Built in 1980, this single-story building sits on an approximately 2.3-acre parcel and offers a functional interior layout with 11 private offices, 3 kitchenette/break areas, 2 utility rooms, and 4 bathrooms. Current Class II license references 36 total parking spaces, including 12 spaces designated for car sales inventory, creating a practical setup for automotive-related use, showroom, professional office, administrative office, or service-based commercial use. Current license states no on-site repairs and no traffic/test drives on Middle Road. Buyer/BA to verify all information, building/lot size, zoning, wetlands/resource area limitations, licensing transfer/renewal requirements, approved parking/display use, permitted uses, and municipal approvals.
206 Turnpike Rd, Southborough, MA, 01772
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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