Attention Developers and Investors! Exciting opportunity in downtown Amesbury! This property is situated in a great location with the potential to expand upwards and develop residential units. The existing footprint is comprised of one 1500 SF of leased retail/restaurant space along with 2500 SF of vacant office space. Recent renovations to the 2500SF office include: two bathrooms, kitchens, carpet, walls & ceiling making this unit move-in ready. This property is perfect for an end user looking to move their business or investor to expand their portfolio. The restaurant is on an expiring lease offering flexibility for any interested buyer. Don't miss out on this lucrative chance for growth and profitability! This property is for sale or lease. Whether you're looking to lease, buy, or develop, this is a chance you won't want to miss!
38-40 Market, #1, Amesbury, MA, 01913
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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