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Available for immediate occupancy, this 3, 100 +/- square foot retail unit is located in the heart of Danvers Square. Large frontage windows provide high visibility to pedestrian traffic. Gorgeous columns add character to the interior. Spacious floor plan includes private rooms and restrooms. There are three parking spaces behind the building for tenants, with on-street parking or in one of the five (5) municipal parking lots in the immediate downtown. Landlord is asking for a standard commercial lease agreement on a NNN basis. 32 Maple Street is located in the heart of Danvers Square, about one mile from the Liberty Tree Mall and Endicott Street shopping. This location is perfect for service, retail or professional office uses. Unit is between The Modern Butcher and Rocco's Pizza House.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $18 | $18 | $18 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.371% | 6.292% | 5.628% |
| Monthly Tax Payment | $2,312 | $2,312 | $2,312 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $0 | $0 | $0 |
| Total Monthly Payment | $2,387 | $2,387 | $2,387 |
* 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.