This prime downtown Greenfield mixed-use property offers 2 street-level commercial spaces, 10 residential units (3 SROs and 7 apartments), and significantly improved infrastructure. The larger commercial space is a 95-seat (~130 including seasonal outdoor dining) full service restaurant with liquor license that was redesigned by Thomas Douglas Architects and fully renovated in 2019. Other owner improvements include new roof (2016), sprinkler system on first floor with new 6" water service, improved commercial ventilation system, updated electric, replacement of most windows in residential units, updated kitchens/baths in most residential units, and much more. Excellent opportunity for a restaurant operator to live/work or strictly as investment.
94-96 Main St, Greenfield, MA, 01301
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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