1201 Lyon St Columbia, SC 29204
- Mixed-use properties
- 5,200 SF
- 0.75 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1201 Lyon St
- Lot size
- 0.75 lot acres
- Property size
- 5,200 SF
- Property type
- Mixed-use properties
Description
This exceptional 0.75-acre mixed-use property in Columbia, South Carolina, presents a compelling redevelopment or investment opportunity. Located at the prominent corner of Gervais and Lyon Streets, the property encompasses 5,200 square feet and includes four existing duplex buildings, each featuring two-bedroom, one-bathroom units for a total of eight units. The property is zoned MU-1, allowing for a variety of potential uses. The large, flat lot offers abundant parking and existing utilities, including city water and sewer. The current structures provide immediate income potential while the substantial lot size and zoning present significant upside for future development. This is an ideal opportunity for investors seeking to capitalize on the growing Columbia market, whether through continued operation as affordable housing or a complete redevelopment project. The property's prime location and significant acreage make it a rare find in this desirable area. The address is 1201 Lyon St, Columbia, SC 29204, with APN R11410-03-08; 07. This is a chance to acquire a substantial property with immediate cash flow and significant long-term potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Longitude
- -81.0125
- Latitude
- 34.008