Income producing Central Business District property in downtown Lyman, SC with retail tenant already in place AND unfinished 1000+ sf residential living space with separate street-front entrance. Retail property features storefront showroom with great visibility and addition flex-space for office, storage, or retail expansion. Strong location with steady traffic and long-term growth potential in and emerging Lyman market. With an existing lease in place, strong street presence, and functional layout, this property presents a solid opportunity for investors seeking steady income with future upside in a growing Upstate market. Front door is within walking distance to Restaurants, Salons, Retail, and Grocery Stores.
54 Groce Road, Lyman, SC, 29365
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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