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High-traffic Wade Hampton location with true multi-occupancy flexibility. This 13, 800 SF freestanding commercial building offers outstanding visibility on Wade Hampton Blvd and features a fully separated two-suite layout suited for a wide range of commercial users. The upstairs Unit A is recently leased on a 5-year term at $7, 500/month inclusive of NNN, providing immediate, stable income. The existing tenant is a distribution company with a small retail component (no on-site smoking), and holds a first right of refusal. The downstairs, currently vacant, offers 7, 400+ SF with two large bay doors that can be reopened for drive-in access. This level includes a hydraulic car lift, an office, a restroom, and extensive storage or warehouse capacity—ideal for automotive, trades, flex, or distribution users. This setup creates a compelling opportunity for an owner-user to occupy the lower level while benefiting from strong in-place cash flow from the upstairs tenant, potentially offsetting a significant portion of the mortgage. Alternatively, the property supports a multi-tenant investment strategy with the ability to lease the lower level for additional income, effectively doubling cash flow potential. The configuration supports a wide range of uses including fitness and training centers, physical therapy and wellness, automotive service and detailing, contractors and trades, home goods or equipment showrooms, specialty retail, indoor recreation studios, content or production studios, and e-commerce or light distribution users. With a newer roof, updated mechanicals, 105 feet of frontage, monument signage, a corner lot, ample parking, and 34, 700–43, 000 VPD along Wade Hampton Blvd, this property delivers strong exposure and long-term adaptability. The layout allows for immediate income with future upside, whether for owner-occupancy or a fully leased investment approach with minimal near-term capital needs. Schedule a tour to explore how this adaptable commercial building can support your vision and long-term strategy.
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Our Executive Mortgage Banker:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $852 | $852 | $852 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,572 | $7,777 | $10,801 |
| Total Monthly Payment | $8,549 | $8,754 | $11,778 |
* 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.