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Value-Add Retail Investment Opportunity

6202 Shakespeare Rd, Columbia, SC

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For Sale

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Retail property with income upside in Columbia, South Carolina.

Type:RETAIL

Property size:

11,275 SF

Lot size:

0.56 Acres

Price / SF:

$35/SF

HighLights

Excellent value‑add investment opportunity with income upside.
High occupancy rate of 81% with 5 of 7 suites occupied.
Current NOI of $24,000.
Significant road frontage: 151’ on Risley Rd. and 380’ on Shakespeare Rd.
M‑1 Zoning.
±.73 AC with 26 parking spaces.

We can help!

Listing Contact

John Mills

For Sale

Contact for pricing

Retail property with income upside in Columbia, South Carolina.

Type:RETAIL

Property size:

11,275 SF

Lot size:

0.56 Acres

Price / SF:

$35/SF

Added:: Mar 11, 2025
Days on Market:: 461
Last Refresh:: May 20 at 8:42 pm

Property Features for 6202 Shakespeare Rd

General Information

Standard status: Active
Size: 11,275 SF
Lot size: 0.56 Acres
Property subtype: RETAIL

We can help!

Listing Contact

John Mills

Listing agent Michael Crowley License #97905

Listing office Wilson Kibler | Columbia

Listing date Mar 11, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Wilson Kibler | Columbia

HighLights

Excellent value‑add investment opportunity with income upside.
High occupancy rate of 81% with 5 of 7 suites occupied.
Current NOI of $24,000.
Significant road frontage: 151’ on Risley Rd. and 380’ on Shakespeare Rd.
M‑1 Zoning.
±.73 AC with 26 parking spaces.

Overview

This retail property presents an excellent value-add investment opportunity. The property is situated on approximately 1.73 acres and features M-1 zoning. It includes 7 suites, with 5 currently occupied, resulting in an 81% occupancy rate. There are 26 parking spaces available. The property has road frontage of 151 feet on Risley Road and 380 feet on Shakespeare Road. The current net operating income (NOI) is $24,000, with potential for increased income through leasing vacant units and raising existing rents. Existing average rents for tenants are $5.46 per square foot (gross), which is below market value.

Property Profile Location Intelligence

Current Use by Public Records

Amazon Locker - View Postal Service Western Union Bank Shamrock Corner Grocery & Convenience Store National Bitcoin ATM Atm

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Location Insight

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Local Demand

City: Columbia
County: Lexington
State: South Carolina
Longitude: -80.9731
Latitude: 34.0592

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For sale
Strip malls
SC
Columbia
6202 Shakespeare Rd

What type of property is this?

Strip mall - Retail property with income upside in Columbia, South Carolina.

Where is this strip mall located?

The property is located at 6202 Shakespeare Rd Columbia, SC.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Excellent value‑add investment opportunity with income upside.; High occupancy rate of 81% with 5 of 7 suites occupied.; Current NOI of $24,000.

6202 Shakespeare Rd, Columbia, SC

Retail property with income upside in Columbia, South Carolina.

Property Features for 6202 Shakespeare Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

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Columbia Auto Service Center

Versatile Commercial Property in Columbia

Earlewood Triplex Investment Opportunity

Renovated Office Building on Two Notch

Neighborhood Commercial Office Building

Freestanding Office Building with Expansion

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