Commercially zoned corner lot with great visibility at to-be-signalized intersection of Route 114 (Turnpike Street) and Hillside Road Listing includes the land at 582 Turnpike Street and the house and land at 190 Hillside Road. Together these properties represent approximately 1.07+/- acres of commercially developable land in North Andover's CDD-2 zone, which allows for commercial, retail, and mixed-use, among other uses. MA DOT plans, slated to begin Summer 2025, include making Hillside Road a signalized intersection, creating a sidewalk on the east side of Turnpike Street, and a bike path on the west side of Turnpike Street. Located steps from Starbucks, shops, and the 5,000+ students at Merrimack College, this property offers great potential for your business or development plans.
582 Turnpike St, North Andover, MA, 01845
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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