Available inline retail opportunity in downtown Danvers MA, gorgeous space with two handicap accessible bathrooms. Each tenant has their own electric, natural gas and water meters. The Premises is a 2,746 +/- square feet of a ground-level retail building with about 26 feet of high glass frontage and a full basement for dry storage. Three municipal parking lots within 100-feet of the subject property with an extraordinary amount of on-street parking as well. Great location for a restaurant, local or regional retail, professional office or service oriented uses. 13 Elm Street is available for NNN lease, or an owner occupant purchase opportunity that will qualify for special financing as low as 10% down. 15 Elm Street is additional income with a long-term tenant in place through August 2027.
13 Elm St, Danvers, (Danvers Center), MA, 01923
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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