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Rare opportunity in the heart of beautiful downtown West Brookfield! The former P & S Pizza property is now available, offering excellent visibility, steady traffic, and a prime location surrounded by local shops and businesses. This well-known landmark is a true diamond in the rough with decades of community recognition and strong potential for its next owner. The first floor offers flexible commercial space ideal for a restaurant, café, retail, or office use, while the second floor features a spacious two-bedroom apartment—perfect for rental income or owner occupancy. With its solid structure and layout, the property also presents exciting potential for conversion to a multi-family or mixed-use building (buyer to verify). A new septic system has been installed, and the property is connected to town water. With its combination of charm, history, and versatility, this property offers a unique opportunity for entrepreneurs, developers, or investors to restore and reimagine a beloved pie
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.609% |
| Monthly Tax Payment | $174 | $174 | $174 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,136 | $1,215 | $1,621 |
| Total Monthly Payment | $1,385 | $1,464 | $1,870 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.