For Sale
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Property summary
This exceptional 0.59-acre commercial land parcel, located at 115 W. Main St in Lexington, South Carolina, presents a unique redevelopment opportunity. Currently featuring a 1,400 square foot existing restaurant structure, the property offers endless possibilities for new construction or adaptive reuse. Its prime location within the rapidly growing Town of Lexington ensures high visibility and accessibility. The site boasts a highly desirable location adjacent to the Icehouse Amphitheater and the newly redeveloped Virginia Hylton Park, providing proximity to numerous amenities including restaurants, shops, government facilities, and professional offices. Furthermore, its position on W. Main Street benefits from a significant traffic count of 20,100 vehicles per day, a very strong number for a two-lane road, ensuring substantial exposure for any future development. The asking price for this exceptional property is $1,750,000. This is an unparalleled chance to capitalize on the vibrant growth of Lexington, SC. Don't miss this opportunity to acquire a piece of Lexington's thriving commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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(Bike/Boat/Book/etc) Store
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Spa & Massage Center Alternative Medicine Practice
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ID · Lexington, SCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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