For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

6202 Shakespeare Rd Columbia, SC 29223

Loading data...
Loading data...
Loading data...
For Sale
$395,000

Retail property with income upside in Columbia, South Carolina.

Property size:
11,275 SF
Lot size:
0.56 Acres

Property Features for 6202 Shakespeare Rd

General Information

Size
11,275 SF
Lot size
0.56 Acres

Source: Wilson Kibler | Columbia Agent John Mills

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


Overview

Value-Add Retail Investment Opportunity

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.
Insight Report Location Intelligence

Current Use by Public Records

Amazon Locker - View Mailing Service Western Union Money Transfer Service Shamrock Corner Convenience Store National Bitcoin ATM Atm

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Columbia
County
Lexington
State
South Carolina
Longitude
-80.973121
Latitude
34.059165

FAQs

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message