Office Unit with Private
203 West Main Street H3 & H4, Lexington, SC 29072
For Sale
Contact for pricing
A flexible workspace offers a private-office and reception configuration or an open layout, with elevator access.
Property Size2,001 SF
Price / SF$3.49
Days on Market19
Property Features for 203 West Main Street H3 & H4
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Property Use
Amenities
handicap accessible
Comp Shingle
Public Sewer
Zoning: Town of Lexington
Central Air
Central
Listing ID: 645581, Standard Status: Active, MLS Status: ACTIVE, Property Subtype: Office, On market as of 2026-10-23
1 total parking space
Built in 2001, Construction Materials: Brick
MLS Area (Major): Lexington and surrounding area, County/Parish: Lexington
Water Source: Public
Road Surface: Paved
Building Details
Building Size
Year Built
Construction
Listing Agency:
Southern Visions Realty I LLC
(803) 359-9571
Listed By:
Stephanie Couch · License SC #64591
(803) 315-9926
Source:
Blackstreaminternational
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 8 at 6:15AM
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 Southern Visions Realty I LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 321-square-foot office unit is part of an all-brick office building completed in 2001. Its layout can accommodate a private office with a reception area or an open office arrangement. The building has an elevator and marked accessible parking spaces.
The unit is at 203 West Main Street, H3 & H4, in downtown Lexington, with exposure along Main Street.
The unit is at 203 West Main Street, H3 & H4, in downtown Lexington, with exposure along Main Street.
Key Highlights
- 321‑square‑foot office unit
- Private office and reception layout or open office configuration
- All‑brick office building completed in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$86,080
$86.1K
Cap Rate 7%
$61,486
$61.5K
Cap Rate 9%
$47,822
$47.8K
Market Conditions
NOI Build-Up for 321 SF
Gross rent
$6.1K $19.08/SF
− Vacancy
−$386 −$1.20/SF
EGI
$5.7K $17.88/SF
− OpEx
−$1.4K −$4.47/SF
NOI
$4.3K $13.41/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$86,080
Cap Rate 7%
$61,486
Cap Rate 9%
$47,822
Alternative Uses
Best Use
Office B
$61.5K
$53.8K – $71.7K
NOI $4,304 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$86.2K
$75.4K – $100.6K
NOI $6,035 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
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Business Placement
Demographics for 29072, SC
65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Lexington, SC
Properties on Market for Office Units in Lexington
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible workspace offers a private-office and reception configuration or an open layout, with elevator access.
Where is this office unit located?
The property is located at 203 West Main Street H3 & H4 Lexington, SC.
What are key features of this property?
This property features: 321‑square‑foot office unit; Private office and reception layout or open office configuration; All‑brick office building completed in 2001
