Rare S-1 industrial opportunity. Formerly Patterson Construction, this cash-flowing asset currently generates significant income annually from warehouse and land storage space alone, with 14 short-term leases in place offering immediate revenue and future flexibility. The property features 16'-18' ceiling heights, steel frame/brick construction, one loading dock, four exterior & three interior drive-in doors, +/-19,677 SF of vacant climate-controlled/capable office space with significant value-add potential, over 3 acres of fenced storage yard, large paved parking, and robust utility/power infrastructure. A truly rare opportunity to acquire functional industrial product with major upside in a market with extremely limited industrial zoning and inventory. Financial & lease info available.
40 Shanklin Road, Beaufort, SC, 29906
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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