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589 S Green Street, Ridgeland, SC, 29936 | $125,000
Located in the heart of the fastest growing county in South Carolina, just off the rapidly expanding I-95 corridor and within convenient reach of Hilton Head Island, Bluffton, Savannah, and Charleston, this prime commercial offering presents a compelling opportunity for investors and owner operators alike. Positioned on 0. 11 acres, this 325 square foot retail property is being offered as an excellent building with great visibility and accessibility. The sale is all inclusive, providing immediate income potential or a transition for a new concept. Additionally, the adjacent parcel at 601 South Green Street (Parcel ID: 063-26-19-008) may be purchased in conjunction, offering expanded footprint, increased flexibility, and long term upside in a high growth corridor. Recent capital improvements include a newly installed metal roof and HVAC system, minimizing near term maintenance and enhancing overall efficiency. A water tap is already in place on site; however, water and sewer connections will need to be extended, allowing a buyer to tailor infrastructure to their specific use. Surrounded by ongoing development and increased traffic flow from I-95, this location benefits from strong regional connectivity and continued economic growth throughout Jasper County. Ideal for retail, café, service based business, or boutique concept, this property offers both immediate functionality and future appreciation potential.
Features
- Property Type: Business
- Construction: Concrete
- Heating: Heat Pump
- Cooling: Central Air,Window Unit(s)
- Development: Jasper County
- Acreage: 0.11
- Lot Desc: < 1/4 Acre
- MLS#: 506377
- Website: https://www.raveis.com
/prop/506377/589sgreenstreet_ridgeland_sc?source=qrflyer
We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is" "as available" basis only and may not reflect all real estate activity in the market. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.Listing courtesy of Maxey Blackstream Christie's International Real Es Phone: 864-553-1998
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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589 S Green Street, Ridgeland, SC, 29936
$125,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $599 | $624 | $824 |
| Total Monthly Payment | $674 | $699 | $899 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484