451 Columbia Ave Lexington, SC 29072-2615
This exceptional retail property at 451 Columbia Avenue in Lexington, SC presents a remarkable investment opportunity. The 5,600 square foot building boasts a highly visible location in downtown Lexington, experiencing a significant daily traffic volume of approximately 31,300 vehicles. The property includes 28 on-site parking spaces, supplemented by an existing parking agreement with a neighboring shopping center, ensuring ample parking for customers and employees. The building features a brand new roof, a significant advantage for potential buyers. Currently configured as two separate units, each with its own bathroom, the space offers flexibility for a single tenant or the potential to lease to multiple occupants. The adaptable layout allows for easy conversion into a single, larger unit to suit various business needs. A convenient loading dock at the rear of the building provides efficient access for deliveries and inventory management. Situated on a 0.6-acre lot, this property offers substantial space and excellent visibility, making it an ideal location for a variety of retail businesses seeking a prominent presence in the thriving Lexington market. The asking price for this prime commercial real estate is $1,350,000.
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Memories by Design Engraver
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Parker's of Lexington (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Lexington, SCLexington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.