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Rare Investment Opportunity: Historic Textile Property in the Heart of Walhalla, SC!!! Unlock the potential of a truly iconic property—this 12. 75 acre tract was once the lifeblood of South Carolina’s Golden Corner. Situated in the thriving city of Walhalla, this historic site formerly housed the Chicopee Manufacturing and Avondale Mills textile plants, and now offers an incredible opportunity for redevelopment. Property Highlights: 1)Zoning: Allows for commercial, single-family residential, duplexes, and multi-family developments. 2) Size & Layout: Expansive 12. 75 acre parcel ideal for mixed-use or specialty redevelopment. 3) Historic Tax Incentives: Possibly eligible for Textile Rehabilitation Tax Credits, offering substantial tax savings and return on investment for qualifying restoration work. Strategic Location: 1) 25 minutes to Clemson University & Oconee County Regional Airport, 1 hour 20 minutes to Greenville-Spartanburg International Airport (GSP), and 2 hours 15 minutes to Hartsfield- Jackson Atlanta International Airport. 2) Direct access to natural parks, hiking trails, and the Southern Appalachian Mountains. 3) Short drive to Lakes Keowee, Jocassee, and Hartwell—renowned for boating, fishing, and scenic recreation. Walhalla is a charming and fast-growing city rooted in German heritage and enriched by a vibrant downtown filled with quaint local shops, cozy restaurants, and live entertainment & community events. Known as the "Gateway to the Blue Ridge Mountains", Walhalla blends small-town charm with big outdoor appeal—ideal for residential and tourism-focused development. This is more than just an investment—it's a chance to shape the future of a community while preserving a legacy. Don’t miss out on this one-of-a-kind redevelopment opportunity in one of South Carolina’s most picturesque and promising regions. This property will be sold "As Is".
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Our Executive Mortgage Banker:
$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,206 | $5,418 | $7,426 |
| Total Monthly Payment | $5,331 | $5,543 | $7,551 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.