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    4439 Devine St Columbia, SC 29205

    For Sale
    $1,800,000

    Columbia, SC: Two Storefronts, High Income

    Property size:
    1,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity encompasses two retail buildings situated on two adjacent lots totaling approximately 0.65 acres on Devine Street in Columbia, South Carolina. The main building at 4439 Devine Street boasts 10,203 square feet, currently housing four separately leased commercial spaces. These spaces generate a combined monthly rental income of approximately $9,000. Tenants include Tegra, a tattoo shop, and Hammer Construction. One 1,000 square foot suite is currently available for lease. Ample parking is available both in front and behind the building. The second building, located at 4449 Devine Street, offers 1,050 square feet and is currently vacant, presenting immediate potential for increased revenue. This building sits on a separate lot of approximately 0.36 acres. Both properties benefit from a combined 35 feet of road frontage on Devine Street, ensuring excellent visibility and accessibility. The entire property is fenced, providing secure parking or storage. The asking price for this lucrative portfolio is $1,800,000, offering a strong return on investment with existing income and significant upside potential through lease-up of the vacant space. The zip code is 29205, and the property is located in Richland County.

    Property Features for 4439 Devine St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,050 SF
    Lot Size
    12,632 SF

    Building Details

    Buildings
    2

    HighLights

    • 10,203 SF multi‑tenant building with four rentable spaces at 4439 Devine Street, generating approximately $9,000 in monthly rental income. Leases in place with Tegra, a tattoo shop, and Hammer Construction. One 1,000 SF suite currently available for lease.
    • 0.29± acre lot at 4439 Devine Street with front and rear parking.
    • 1,050 SF building at 4449 Devine Street (vacant).
    • 0.36± acre lot at 4449 Devine Street with 35 ft of road frontage on Devine Street and fenced parking/storage area.
    • $1,800,000 sale price for both properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9782467
    Latitude
    33.9924164

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    FAQs

    What type of property is this?
    Individual retail property - Columbia, SC: Two Storefronts, High Income
    Where is this individual retail property located?
    The property is located at 4439 Devine St Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 10,203 SF multi-tenant building with four rentable spaces at 4439 Devine Street, generating approximately $9,000 in monthly rental income. Leases in place with Tegra, a tattoo shop, and Hammer Construction. One 1,000 SF suite currently available for lease.; 0.29± acre lot at 4439 Devine Street with front and rear parking.; 1,050 SF building at 4449 Devine Street (vacant).
    Request Owner's contact information
    4439 Devine St Columbia, SC 29205
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    Columbia, SC 29205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4439 Devine St Columbia, SC 29205
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