Small business owners - take your operations to the next level with this income producing, mixed use compound in central Leominster. Primary warehouse building used to be the Leominster DPW building and underwent a total renovation. Main building includes a loft like office with high ceilings, a warehouse w garage access, a secondary oversized garage and a residential studio apartment. Separate 2+ bay garage (approx 42' x 22') offers rental income or room to expand your own operations as you grow. Generous overall 3/4 of an acre lot offers potential for future development. Parking for 20+ vehicles with easy in and out of Leominster and surrounding areas. 3 phase power to both buildings. Main building is 400 amps, separate garage building is 200 amps. New electrical, new plumbing, new renovation. This centrally located compound offers load of possibilities while maintaining privacy for your business. All tenants are TAW - building can be delivered vacant except for studio apartment.
98 Pleasant St, Leominster, MA, 01453
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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