220 Main St Lexington, SC 29072
- Commercial real estate
- 3,605 SF
- 0.59 lot acres
Current Use by Public Records
- Caldwell, Inc. of SC / Financial Consultant
- Ashby Jones & Associates / Law Firm
- Private Property / Cajun Restaurant / Bar
Property Details for 220 Main St
- Year built
- 1931
- Lot size
- 0.59 lot acres
- Property size
- 3,605 SF
- Property type
- Commercial real estate
- APN
- 004320-02-003
- APU
- 432002003
Description
This exceptional executive office building, located at 220 E Main St in Lexington, South Carolina, presents a compelling investment opportunity. Priced at $975,000, this Class B property offers 3,800 square feet of well-appointed office space, ideal for a variety of businesses. Situated on a 0.57-acre lot, the property boasts ample parking with 12 surface spaces, ensuring convenient access for employees and clients. The property is zoned for commercial use, providing flexibility for future development or expansion. Its prime location in Lexington County, South Carolina, offers easy access to major transportation routes and a thriving business community. The building's 3,800 square feet provide a substantial footprint for a growing company or a business seeking to establish a strong presence in the area. The 29072 zip code offers a desirable address within a well-established commercial district. This is a rare opportunity to acquire a well-maintained, strategically located office building in a highly sought-after area of Lexington, South Carolina. The combination of size, location, and parking makes this property an attractive investment for discerning buyers. Don't miss this chance to own a piece of Lexington's thriving commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $130,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $145,000
- Mixed-Use
- $145,000
- Hospitality
- $160,000
- Educational
- $130,000
- Residential Income
- $150,000
- Energy
- $140,000
- Income-Based Land
- $120,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.2341
- Latitude
- 33.981
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
