6202 Shakespeare Rd Columbia, SC

Listing Agency: Wilson Kibler | Columbia Show Phone

Listed By: Michael Crowley · License #97905 Show Phone

Source: Moodyscre

Added: Mar 11, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:13AM

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Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use

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

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Pharmacy

Zoning and permitted uses should be independently verified with authorities.

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Frequently Asked Questions

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.