Historic Downtown New Bedford Landmark building. The original Merchant's Bank building, former Baycoast Bank and prior Oceana Restaurant. This historic granite building in in immaculate condition inside and out. The detail on the inside is priceless and irreplaceable in today's building world. The building is currently set up as a bank. There are endless possibilities for this mixed use building, such as a night club, restaurant, event space, office space or brewery. Owner will entertain lease options. There is a drive-thru. Wide open floor plan with a mezzanine level that overlooks the lobby. Includes 4 half baths, break room, multiple offices. This landmark building sits in a busy area close to City Hall, Post Office, MA State Office Space, Bristol County CC & UMASS Dartmouth CBPA Star Store Campus. Easy access to Rt. 140 and I-195. Convenient to SRTA bus terminal, public parking and approximately 1 mile to the planned MBTA New Bedford Station.
95-101 William St, New Bedford, (Center), MA, 02740
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
