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    OFF-MARKET
    Retail properties & Spaces

    109 Shakespeare Rd, Columbia, SC 29223

    12,000 SF 2.97 ac lot Built 1992
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1992
    Total area 12,000 SF
    Lot 2.97 ac (129,373 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Beauty Stop (J's Beauty) (Bike/Boat/Book/etc) Store Cosmetic Store
    • J's Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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