1118 B Ave West Columbia, SC 29169
For Sale
1 / 8
This exceptional freestanding retail building, located at 1118 B Ave in West Columbia, South Carolina, presents a unique investment opportunity. Boasting 2,294 square feet of space on an 8,747 square foot lot, this property offers incredible versatility. Originally a restaurant, the layout is adaptable to a variety of uses, including a restaurant, retail space, office, or cafe. Built in 1955, the building benefits from its prime location in the heart of West Columbia, providing easy access to the vibrant amenities of Downtown Columbia. The surrounding area is characterized by a diverse mix of shops, restaurants, and entertainment venues, ensuring high visibility and foot traffic. This property is ideal for an entrepreneur seeking a well-positioned space to establish or expand their business. The property's size and layout provide ample room for customization and adaptation to suit specific business needs. Its strategic location within a thriving commercial district guarantees a strong potential for return on investment. This is a rare opportunity to acquire a well-situated, versatile commercial property in a rapidly growing area. The zip code is 29169, and the property is situated in Lexington County.
C-1 Intensive Commercial C-2 General Commercial NOT OFFICIAL COPY City of West Columbia Zoning Ordinance 133 | P a g e C-3 Restricted Commercial LM Light Manufacturing HM Heavy Manufacturing 2. A building permit for substantial alteration to the parcel or any existing or proposed structure is issued. For the purpose of this section, a substantial alteration…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · West Columbia, SCC-1 Intensive Commercial C-2 General Commercial NOT OFFICIAL COPY City of West Columbia Zoning Ordinance 133 | P a g e C-3 Restricted Commercial LM Light Manufacturing HM Heavy Manufacturing 2. A building permit for substantial alteration to the parcel or any existing or proposed structure is issued. For the purpose of this section, a substantial alteration to the parcel would include a contemplated increase or decrease in the heated square foot age of improvements; or 3. The passage of sixty (60) months from the date of adoption of this section or the adoption of any subsequent amendments thereto. B. For parcels that cannot meet the buffer yard requirements due to existing location o f buildings, accessory structures or parking areas, the screening requirements of Section 811.3.4 requiring masonry walls or wooden fences must be met. C. All parcels which are subject to Section 811.4 Parking Lots, Section 811.6 Building Landsc ape Design, or Section 811.7 Street Frontages but do not comply with those provisions on the date of their adoption are allowed to continue as non-conformities until the earliest of the following two occurrences: 1. The parcel’s zoning designation is changed to one of the following designations: D Development R-1 Residential (high-density)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
