Rare industrial mill redevelopment opportunity in Wilbraham. Industrially zoned former manufacturing complex that was once used to make paper for US currency. The complex includes multiple buildings on a nine acre parcel next to the Chicopee River. The main building has three stories over a high basement, with a ramp to the parking lot, a loading dock, and a freight elevator to the top floor. Separate ADA accessible entrance/elevator. Potentially eligible for historic registration. Residential adaptive reuse plans available. Conveniently located near the corner of US Route 20, a major commercial corridor. Minutes from the Ludlow and Palmer I-90 interchanges, Springfield, and area attractions.
176 Cottage Ave, Wilbraham, MA, 01095
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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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