This location, right off Main St, is well located for a high-density development. The current ice cream plant will be razed to make way for high-density residential use. Demand for market rate, senior and workforce housing in Greenfield is strong. The owner has engaged an engineer to produce two concepts that would be allowed per the “By-Laws" on a "By-Right" basis. Conceptual plans in hand showing a mix of 1 and 2 bedroom residential units. Plan calls for 16 units per floor. Plan also allows for 32 parking spaces on-site. Seller will consider a joint venture opportunity.
76 School St, Greenfield, MA, 01301
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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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