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    1101 Charleston Hwy West Columbia, SC 29169
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    1101 Charleston Hwy, West Columbia, SC 29169

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    • Industrial properties
    • 5,120 SF
    • 0.65 lot acres
    West Columbia Mixed-Use Investment For Sale
    $800,000
    9,200 SF

    West Columbia Mixed-Use Investment

    Mixed-use investment property with office and industrial spaces for sale.

    1101 Charleston Hwy, West Columbia, SC 29169
    View Listing
    Property ID
    US77-1116307
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Industrial properties

    Property Details for 1101 Charleston Hwy

    Year built
    1980
    Lot size
    0.65 lot acres
    Zone code
    C2
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    004633-07-004
    APU
    463307004

    Description

    This exceptional mixed-use investment property, located at 1101 Charleston Highway in West Columbia, South Carolina, presents a compelling value-add opportunity. The property encompasses a 0.88-acre lot with two buildings totaling 9,200 square feet, strategically situated on a high-traffic corner with excellent visibility. The main building, offering 5,200 square feet, features upstairs office space currently divided into six individual offices with separate leases. The ground floor is currently leased. A second, 4,000-square-foot industrial building with five bays is situated on the property and is currently owner-occupied. The property boasts five dock-high doors, ideal for efficient loading and unloading. Built in 1970, this two-story structure is zoned C2-General Commercial, allowing for diverse uses. Currently operating at 20% occupancy, the property generates a net operating income (NOI) of $54,000, with a pro-forma NOI projected at $82,800, reflecting a significant potential for increased profitability. The asking price is $800,000, representing a current cap rate of 6.75% and a pro-forma cap rate of 10.35%. The property's location offers easy access to major highways (Hwy-321 & Hwy-1), experiencing over 14,000 vehicles per day on Charleston Highway, and is less than five miles from the Columbia Metropolitan Airport (CAE). This property is being offered as a multi-tenant investment with one current tenant under a lease with one year remaining. The property's potential for increased occupancy and rental income makes it an attractive investment in a rapidly growing area.


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    Location Insight

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    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.0742
    Latitude
    33.9793
    CBSA code
    17900
    CBSA name
    COLUMBIA, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,665
    $6,834
    $13,847
    $20,681
    -
    $113,900
    $230,780
    $344,680
    View Listing
    More about this property
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