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    Daycare and Residential Income Property Title is generated by Realmo AI

    190 3rd Street, Swansea, SC 29160

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    Claim this Listing
    For Sale
    $1,000,000

    COMMERCIAL - Swansea, SC

    Property size:
    9,058 SF
    Lot size:
    2.02 Acres
    Price / SF:
    $110/SF
    Added:
    Mar 25, 2026
    Days on Market:
    105
    Last Refresh:
    Jul 7 at 12:06 am

    Property Features for 190 3rd Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.02 Acres

    Utilities

    Water source
    Public

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    Contact an agent
    Angela Cash

    Listing agent Angela Cash

    Listing office Southern Visions Realty I LLC PO Box 729, Lexington, SC

    Listing date Mar 25, 2026

    MLS# 630025

    Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two parcels (TMS 013020‑16‑003 and 013020‑16‑004) totaling approximately 2.02 acres, covering an entire block.
    • On‑site daycare facility with 7,210 SF.
    • Residential home on the property totals approximately 1,848 SF with 2 bedrooms and 2 bathrooms.
    • Daycare and home positioned on the same site for multiple income or use possibilities.
    • Built in 1920, offering renovation/repositioning potential while maintaining existing structures.
    • Public water available; located near Hwy 321 and I‑26 with access to Columbia and Orangeburg.

    Overview

    This offering includes two parcels, TMS 013020-16-003 and 013020-16-004, together forming an entire block on approximately 2.02 acres. The site features an existing daycare facility of approximately 7,210 square feet and a residential home positioned behind, totaling approximately 1,848 square feet. The home includes 2 bedrooms and 2 bathrooms. Both structures were originally built in 1920, offering character for continued use or renovation planning.

    The property is located in Swansea, SC (Lexington County) at 190 3rd Street. It is described as being near downtown Swansea and major corridors, with convenient access to Highway 321 and I-26 and to Columbia, Orangeburg, and surrounding areas.

    For buyers and owner-users, the combination of a dedicated daycare facility and a separate rear residence can support multiple use scenarios, depending on operational needs. It may also appeal to investors seeking a property with more than one existing structure on a single, consolidated block. Because the offering is presented as flexible for residential, office, or commercial use, interested parties can evaluate the best fit based on desired configuration and future plans for the 1920-built improvements.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $119.6k $13.20
    − Vacancy −$7.5k −$0.83
    EGI $112.0k $12.37
    − OpEx −$50.4k −$5.57
    NOI $61.6k $6.80
    9,058 SF · lease $13.20/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $880.3K
    $770.2K – $1.03M (±1% cap)
    NOI $61,618 @ 7.0% cap · market cap 6.16%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.43M
    $2.13M – $2.84M (±1% cap)
    NOI $170,290 @ 7.0% cap · market cap 17.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kids Zone Child ... Tutoring Service

    Suggested Use

    Real Estate Agency Spa & Massage Center Pharmacy Nail Salon Gym & Fitness Center Skin Care Clinic Accounting Firm Building Supply Cafe & Coffee Shop Car Rental Facility

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

    Similar Places Nearby

    • Emmanuel Wee Care Day Care Center — 460 S Bartow Ave, Swansea, SC 29160
    • Emmanuel Church Child Care Center — 460 N Bartow Ave, Swansea, SC 29160
    • Kids Zone Child Care, Llc — 190 W 3rd St, Swansea, SC 29160

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.10166
    Latitude
    33.736448

    FAQs

    What type of property is this?
    Day care center - Two-parcel site with an operating daycare and a rear residential home on an entire block.
    Where is this day care center located?
    The property is located at 190 3rd Street Swansea, SC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Two parcels (TMS 013020‑16‑003 and 013020‑16‑004) totaling approximately 2.02 acres, covering an entire block.; On‑site daycare facility with 7,210 SF.; Residential home on the property totals approximately 1,848 SF with 2 bedrooms and 2 bathrooms.
    More about this property
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