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Prime Downtown Walhalla Development Opportunity – Nearly 1 Acre Positioned just one block off Main Street in the heart of Downtown Walhalla, this exceptional ±0. 97-acre parcel offers a rare opportunity for vision, creativity, and long-term investment. Flat, square in shape, and highly usable, this nearly one-acre lot provides flexibility for a wide range of development possibilities in one of the area’s most promising growth corridors. Currently zoned Office Commercial (OC), the property allows for local and neighborhood-oriented businesses along with compatible residential uses. Permitted uses include retail establishments such as boutique shops, specialty stores, pharmacy, grocery, hardware, gift shop, flower shop, office supply, health and beauty retail, and more. Personal service businesses including salon/barbershop, medical or professional offices, financial institutions, real estate agencies, instructional studios (art, music, dance), and small equipment servicing are also permitted. Conditional uses expand the potential even further, including bakery, delicatessen or restaurant (non drive-in), laundry services, certain automotive accessory/service uses, funeral home (minimum lot requirements apply), and establishments serving alcoholic beverages (subject to approval). Single-family and multi-family residential uses are also permitted as outlined under MFR guidelines. All development must comply with Downtown Walhalla design standards, offering the opportunity to create something architecturally aligned with the character and future of the area. With its generous size, ideal topography, flexible zoning, and walkable proximity to Main Street, this property is a standout opportunity for developers, investors, or business owners ready to establish a presence in a growing downtown market. Bring your plans and your vision! The groundwork is set. NOTE: Buyer and buyer’s agent are responsible for verifying zoning, permitted uses, utilities, restrictions, and any other information necessary to satisfy their intended use of the property.
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Our Executive Mortgage Banker:
$145,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $116,000 | $116,000 | $116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $695 | $724 | $956 |
| Total Monthly Payment | $770 | $799 | $1,031 |
* 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.