A prime investment opportunity located at 40-82 N Main Street, Pascoag, RI. This stabilized investment property is currently 90% occupied, anchored by a reputable bank, and houses multiple tenants with a mix of retail and office uses. As the commercial center of Pascoag, the property boasts a substantial 26,354 square foot building on 6.89 acres of land, constructed in 1984. Half of building was built in 2005. It offers ample parking, is handicap accessible, and is zoned for Village Commercial use. Conveniently located just 5 minutes from the Massachusetts border, this property presents a robust investment in a thriving community. This property also has 11 storage units in the rear and a detached stand-alone garage!
40 82 North Main Street, Burrillville, RI, 02859
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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