Investment opportunity available in Franklin. This four building property is available for sale. Opportunities exist to improve the property and increase revenues. Located in a central business area in downtown Franklin, this is a very active plaza with long history of serving the local businesses and residents in the area. The main building consists of a convenience store and smoke shop, with office space above. 2nd building is a contractors storage garage, 3rd is a multi-tenant strip mall and 4th is a salon service business. Parking available for approximately 30 vehicles. Easy access from both Cottage St and Union St. This location is projected to be the end of the SNETT Trail in the future so opportunity exists for increased traffic and business for all tenants. Qualified Buyer showings are by appointment only. (Please respect landlords' request to not approach existing tenants. Thanks.)
326 Union St, Franklin, MA, 02038
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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