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    Boutique Commercial Building For Sale Title is generated by Realmo AI

    1504 Leesburg Rd, Columbia, SC 29209

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    Boutique commercial building with 1,550 SF available for sale.

    Type:Office
    Property size:
    1,550 SF
    Price / SF:
    $193/SF
    Added:
    Sep 13, 2024
    Days on Market:
    663
    Last Refresh:
    Jul 5 at 11:03 am

    Property Features for 1504 Leesburg Rd

    General Information

    Standard status
    Active
    Size
    1,550 SF
    Property subtype
    Office

    Building Details

    Year Built
    1939

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    Jake Nidiffer
    Jake Nidiffer

    Listing office Trinity Partners

    Listing date Sep 13, 2024

    Source Crexi

    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 Trinity Partners

    HighLights

    • ±1,550 SF Boutique Commercial Building
    • Located in Southeast Columbia
    • For sale in Southeast Columbia
    • Boutique
    • Commercial Building
    • Year Built: 1939

    Overview

    A boutique commercial building with approximately 1,550 square feet is available for sale in Southeast Columbia. The property is located in Southeast Columbia.

    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 $29.8k $19.20
    − Vacancy −$5.2k −$3.36
    EGI $24.6k $15.84
    − OpEx −$6.1k −$3.96
    NOI $18.4k $11.88
    1,550 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $263.1K
    $230.2K – $306.9K (±1% cap)
    NOI $18,414 @ 7.0% cap · market cap 6.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $381.7K
    $334.0K – $445.3K (±1% cap)
    NOI $26,717 @ 7.0% cap · market cap 8.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Accounting Firm Skin Care Clinic Cafe & Coffee Shop Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -80.934431
    Latitude
    33.97591

    FAQs

    What type of property is this?
    Office building - Boutique commercial building with 1,550 SF available for sale.
    Where is this office building located?
    The property is located at 1504 Leesburg Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: ±1,550 SF Boutique Commercial Building; Located in Southeast Columbia; For sale in Southeast Columbia
    (803) 567-5454 Call to check price and availability
    More about this property
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