Property profile

207/209 Main St Columbia, NC 27925

OFF-MARKET
Retail properties & Spaces
Built 1914
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Property summary

AI-generated overview

This exceptional commercial property, located at 207/209 Main Street in the heart of Downtown Columbia, NC, presents a unique investment opportunity. The property encompasses two distinct store fronts, currently configured as office and retail spaces, offering versatility for a variety of uses. A recently installed new roof ensures long-term structural integrity. The office space boasts a convenient handicap-accessible bathroom, while the retail space includes a standard bathroom and a dropped ceiling, providing a clean and modern aesthetic. Adding to the property's appeal is a full-width covered carport at the rear of the building, offering valuable sheltered parking or storage space. Both units are equipped with efficient natural gas heating systems. This prime location in Downtown Columbia makes it ideal for a variety of retail or office businesses seeking high visibility and convenient access. The property is listed at $199,000 and presents a strong return on investment potential. The combined square footage of the two units is not specified. The lot size is zero acres.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1914

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

207/209 Main St Columbia, NC 27925
Columbia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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