Incredible redevelopment opportunity available. The Wrights Mill Complex comprises 15 building sections across 6 separate parcels, totaling approximately 592,000 gross SF and 99 acres. Condominium conversion plans have been created. Feasibility study for hydroelectric refurbishment available. Situated in West Warren village on the Quaboag River, surrounded by scenic views of the 15-town Quaboag Valley region. Conveniently located directly off of MA Rt. 67, approximately 12 minutes from the Palmer MA Turnpike interchange, in a centralized location between Springfield and Worcester. Many buildings are in good overall condition, with a mix of multi-story structures and more modern single-story industrial outbuildings, as well as a detached residential dwelling. Zoned in a Mill Conversion Overlay District (MCOD). Numerous usage possibilities including residential, multi-tenant commercial, industrial, institutional, or mixed-use.
85 South St, Warren, MA, 01083
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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