Discover an exceptional opportunity on a corner lot of this main New Bedford thoroughfare with this free-standing building. Spanning approximately 5,500 square feet, including a full basement, this versatile space was previously a Chinese buffet restaurant but holds potential for various uses such as retail or another restaurant concept.If the building does not appeal to you the lot offers a broad number of uses. Located in a prime spot, this property offers visibility, accessibility, and the chance to make your mark in the booming local economy. Being zoned MUB opens the door for a multi family or a mixed use scenario at a time of desperate need for housing in New Bedford. One site with multiple opportunities offering a wide array of descriptions at the height of New Bedford's rebirth is at a minimal worth further attention by astute investors and business people.
Utilities
Public Water, Public Sewer, Natural Gas Available, 220 Volts
Buyer Agent Compensation:
2
Facilitator Compensation:
0
888 Ashley Blvd, New Bedford, MA, 02745
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
