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451 Columbia Ave

5,246 SF 100% Leased Retail Building Lexington, SC 29072 $1,350,000 ($257/SF)

Executive Summary

Amazing Oppurtunity to own PRIME commercial space in Downtown Lexington! +/- 5600 square foot building with 28 parking spaces. Additional parking agreement with shopping center. 31,300 VPD on this highly visable piece of property. BRAND NEW ROOF! Building is currently seperated in two units, with a bathroom in each side. Units could easily become one. Loading dock in back of building. Call Fallon Hines 803.904.1414 or Rhett Kelly 803.238.2819 for showing. Property currently rented. Property is generating $5,100 plus taxes each month. One tenant is month to month and the other is leased until December.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,246 SF
Building Class
C
Year Built
2010
Price
$1,350,000
Price Per SF
$257
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
0.60 AC
Zoning
GC
Parking
30 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
114 FT on Columbia Ave

Nearby Major Retailers

Lizard's Thicket Restaurants
Cook Out
Truist
Eggs Up Grill
TD Bank
Applebee's
Another Broken Egg
1st Heritage Credit
Food Lion
Outback Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004332-01-014
Land Assessment
$12,901 (2024)
Improvements Assessment
$11,081 (2024)
Total Assessment
$23,982 (2024)
  • Listing ID: 29822399

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 451 Columbia Ave, Lexington, SC 29072

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