0 W Buford Street, Gaffney, SC, 29341 | $4,000,000

Prime ±11-acre commercial opportunity located on W Buford St in Gaffney, SC, just off the highly trafficked W Floyd Baker Blvd corridor. This well-positioned tract offers excellent access and immediate proximity to a dominant mix of national retailers, restaurants, and established businesses—placing it within one of Gaffney’s most active and proven commercial corridors. With strong connectivity to W Floyd Baker Blvd, the property benefits from consistent consumer traffic, surrounding commercial density, and continued growth in the area. Opportunities to secure acreage in this location are increasingly limited, making this a strategic acquisition for investors seeking presence in a high-demand market. For those requiring additional scale, this property may be purchased in conjunction with the nearby ±22-acre tract on W Floyd Baker Blvd, offering a combined ±33-acre assemblage with significant development potential. Ownership may consider subdivision; contact listing agent for additional details and availability

Features

  • Amenities: None
  • Lot Desc: 10 - 25 Acres, Business District, Will Consider Dividing, Additional Acreage, Wooded
  • Elem. School: BD Lee
  • Middle School: Gaffney
  • High School: Gaffney
  • MLS#: 1586125
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/1586125/0wbufordstreet_gaffney_sc?source=qrflyer
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Listing courtesy of 864 Realty LLC   Phone: 864-984-3511

William Raveis Family of Services

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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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0 W Buford Street, Gaffney, SC, 29341

$4,000,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,200,000 $3,200,000 $3,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.368% 6.385% 6.223%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,186 $19,703 $27,003
Total Monthly Payment $19,311 $19,828 $27,128

* 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.