101 Main Street, Walhalla, SC 29691
MLS# 20224197

Opportunity! Take the reigns of this reviving town nestled at the foot of the Blue Ridge Mountains. The developer of this 1.33 acre parcel will have the unique opportunity to accelerate and multiply the ongoing growth of downtown Walhalla. A hotel study has been completed by Hotel and Club Associates, Inc out of Greensboro, NC with affirming research that the city of Walhalla is primed for a boutique to midsize hotel like the Abernathy or The Inn at Patrick Square in Clemson, SC. Just off the heels of a $2 Million streetscape completed in 2016, the city of Walhalla has seen new businesses, new restaurants, and renovations to many downtown historical homes. Following the likes of nearby towns such as Highlands, NC, Cashiers, NC, Clayton, GA, Helen, GA, and Travelers Rest, SC, Walhalla has natural resources to boost its economy. Guests and customers can be in the mountains or on the water (Lake Keowee, Lake Hartwell, Lake Jocassee, and numerous mountain lakes and rivers) in minutes. Guests, visitors, tourists, and customers will enjoy nearby hiking trails, dozens of waterfalls, river rafting, local state parks, camping, and the citys latest investment of the Stumphouse Mountain Bike Park a state-of-the-art mountain biking facility and the only such recreational facility open to the public in the upstate. Phases I & II are now open with 14 miles of trails and phase 3 is under construction with an additional 10 miles. The bike trail connects with the historic StumpHouse Tunnel and the developing Palmetto Trail, which when completed, will take you across the state from the mountains to the sea. The city is now embarking on its estimated $5 million plan to build a 3+ mile walking trail around downtown Walhalla connecting the city to the Palmetto Trail which could literally take hikers and tourists from Walhalla to the International Waterway in Charleston County. Walhalla is centrally located in Oconee County and is the county seat. The county is part of the 10-county region referred to as the Upstate of South Carolina and rests on the I-85 corridor between Atlanta and Charlotte. Walhalla is less than 30 mins from Clemson and an hour from Greenville. This parcel is prime real estate for a hotel, retail development, a full-service restaurant, a brewery, or mixed use commercial. Stationed at the intersection of Hwy 28 and Hwy 183, this main street property is level, cleared, and ready to be developed with 265+ ft of main street road frontage (Hwy 28) and around 225 ft deep of Hwy 183 road frontage. Half of the parcel has recently been paved with asphalt. Attached are some initial incentives the city is offering and could be open to further discussion. Neighboring properties may be for sale. Owners willing to partner with or owner-finance a portion of the sale price. Accommodating terms. Great place to invest a 1031 exchange!