Live-Work Flex Building

5229 Augusta Highway Leesville, SC 29070

Claim this Listing
For Sale
$675,000

COMMERCIAL - Leesville, SC

Property size:
4,500 SF
Lot size:
2.96 Acres
Price / SF:
$150/SF
Added:
May 30, 2026
Days on Market:
44
Last Refresh:
Jul 12 at 12:06 am

Property Features for 5229 Augusta Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
ID
Parking
20
Standard status
Active
Size
4,500 SF
Lot size
2.96 Acres

Building Details

Floors in Building
2

Listing agent Doug Wilkes License #61261

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

Listing date May 30, 2026

MLS# 635335

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.


Investment Insights

Based on property information with market context.

This live-work flex building is a stud-framed commercial structure measuring approximately 80 by 50 feet, with premium vinyl siding and a 45-year metal roof. The property includes an approximately 16-foot eave height shop with an expansive open-span workspace, concrete floors, LED lighting, and four insulated overhead doors measuring 12 feet high by 10 feet wide. Interior improvements include a downstairs office, a full bathroom, an upstairs loft/office overlooking the shop, and two automotive lifts. A covered rear lean-to with approximately 14 feet of clearance provides additional protected storage for equipment, trailers, RVs, or boats.

The tract is approximately 2.96 acres and fronts a high-visibility arterial roadway with ample parking and maneuvering space. The property is zoned ID and is described as constructed to commercial specifications while currently permitted for residential use, which may support owner-user or contractor-oriented operations and future development considerations.

With space for working areas, offices, and covered storage, the building configuration is designed to support a range of live-work and service-based uses as described in the remarks.

Key Highlights

  • 80' x 50' stud‑framed commercial building with premium vinyl siding and a 45‑year metal roof
  • Nearly 3 acres along a high‑visibility arterial roadway with ample parking and maneuvering space
  • Approximately 16' eave heights plus four insulated 12' high x 10' wide overhead doors

Local Financial Insights For Office B

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 $85.9k $19.08
− Vacancy −$5.4k −$1.20
EGI $80.5k $17.88
− OpEx −$20.1k −$4.47
NOI $60.3k $13.41
4,500 SF · lease $19.08/SF/yr · vacancy 6.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$862.0K
$754.2K – $1.01M (±1% cap)
NOI $60,338 @ 7.0% cap · market cap 8.94%
Second Best
Mixed Use
$665.4K
$582.2K – $776.3K (±1% cap)
NOI $46,575 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,600 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Performance4x4 (Bike/Boat/Book/etc) Store

Suggested Use

Building Supply HVAC Service Electrical Service Auto Parts Store Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Tech Support Center

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

FAQs

What type of property is this?
Flex space - Stud-framed commercial building with overhead doors, office and living quarters, plus covered rear lean-to storage.
Where is this flex space located?
The property is located at 5229 Augusta Highway Leesville, SC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 80' x 50' stud‑framed commercial building with premium vinyl siding and a 45‑year metal roof; Nearly 3 acres along a high‑visibility arterial roadway with ample parking and maneuvering space; Approximately 16' eave heights plus four insulated 12' high x 10' wide overhead doors
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