Property summary
This ±12,000 square foot freestanding retail building in Northeast Columbia, South Carolina, presents a unique investment opportunity. Situated on a 2.97-acre lot (including a ±1.79-acre adjacent outparcel suitable for expansion), this Class B property boasts 232 feet of frontage on Columbia Mall Blvd. Built in 1992, the building is zoned GC - General Commercial (APN: 16904-01-10, 16904-01-16) and offers 18 parking spaces. The property's prime location provides convenient access to I-20 (1.2 miles) and I-77 (2 miles). Currently available for sale at $900,000 or lease at $8 per square foot NNN. This location benefits significantly from its proximity to the $40 million redevelopment project at Columbia Place Mall, which will house the Department of Social Services, Department of Juvenile Justice, and the Voter Registration Office for the State of South Carolina. This redevelopment project presents a significant opportunity for increased foot traffic and business growth. The property's size and location make it suitable for a variety of retail uses, and the adjacent outparcel offers potential for future expansion. This is a rare opportunity to acquire a substantial retail property in a rapidly developing area of Columbia.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Cosmetic Store
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(Bike/Boat/Book/etc) Store Cosmetic Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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