Attention Cold Storage, Distribution, Warehouse, Tractor Trailer Parking, Industrial Users. Unique Opportunity for Cold Storage, Food Distributors and those who seek a Showroom, Visibility, High Traffic Count, etc. Home of the former Fresh Produce you could acquire 2 properties: One with a 10 K sf cold storage area, 5+ Loading Docks, 3, 348 sf of showroom and second floor office. The second property is a . 62 vacant lot across the street perfect for parking trucks, tractor trailers, etc. 35 Iyannough Rd- 13, 348 sf Building- Lot size . 67AC (29, 185 sf). 30 Iyannough Rd- Currently Parking Trucks and Tractor Trailers- Lot size . 62 AC (27, 007 sf)- Zoned HC Highway Commercial. Conveniently Located On Route 28- Minutes to Rte 6, 3, 195 and 495- One hour + to Boston and Providence- Ideal for Food and Beverage Distribution Servicing the Cape, South Eastern MA, Rhode Island, and Boston. Many and Varied Commercial uses allowed by right or special permit. Possibility for Long-Term Lease.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,009 | $1,009 | $1,009 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,513 | $12,641 | $16,877 |
Total Monthly Payment | $12,647 | $13,775 | $18,011 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.