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Canceled

215 Providence Rd, Grafton MA 01560

$329,900

Estimated $3,985.91/month Calculator

Land

Commercial

1,218,809 SqFt (27.98 acres)

Solar farm lease included! 19+/- years remaining on initial lease. $23,083 paid annually. $438,577 value. Solar farm pays all expenses including taxes. Annual tax is high because it is based on solar use. Taxes are also paid by solar co in addition to lease of 23,083. Great passive income producing property. Solar farmed purchased by large solar co. No escalators on initial term. Tenant has the option and right to elect to extend this lease for up to an additional four (4) five (5) year terms. Rent for the first year of such renewal term shall be equal to 125% of the annual rent amount of the prior lease year and the rent for the remainder of such Renewal Term shall be the same as the annual rent of the first year of such Renewal Term. Solar farm only leases front 7 acre parcel. Can use back land for other uses, as allowed by Town- buyer to do diligence for additional land. Solar co not interested in expanding at this time.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 5:36am (Source: MLS PIN #73145271)

General Information for 215 Providence Rd, Grafton MA 01560

Listing ID73145271

Price$329,900

Land TypeCommercial

Approx AcresApprox. 27.98 acres (1,218,809 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

ZoningR4

ElectricAt Street

GasNone

WaterAt Street

SewerAt Street

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesLevel, Sloped

WaterfrontNo

Waterfront Features

View

Disclosures for 215 Providence Rd, Grafton MA 01560

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Financial Information for 215 Providence Rd, Grafton MA 01560

AssociationNo

Association Fee$0

Tax$23,438

Tax Year2023

Assessed Value$1,491,900

Contact Information for 215 Providence Rd, Grafton MA 01560

Agent

Name: Jodi Healy

Office

Name: Its My Real Estate

Phone: 508-306-1228

Payment Calculator

, Interest

Property Taxes 1953.17

Principal & Interest 2032.74

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Its My Real Estate

Jodi Healy

Agent Phone

Office Phone

(508) 306-1228

Text Agent Call Agent Call Office

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EXIT