1720 Charleston Hwy West Columbia, SC 29169-5052
This exceptional 2.1-acre property at 1720 Charleston Hwy, West Columbia, SC, 29169 presents a unique investment opportunity. The site boasts a 1937-built, single-building shopping center with approximately 1,652 square feet of space, ideal for redevelopment or continued retail use. The property is zoned for mixed-use development, offering flexibility for a variety of commercial ventures. With a total square footage ranging from 1,500 to 1,700 square feet, the existing structure includes one bathroom. The land's prime location in West Columbia, Lexington County, South Carolina, provides excellent visibility and accessibility. The asking price is $400,000, representing a compelling entry point into the thriving West Columbia commercial market. The property's existing lease has expired, presenting a blank canvas for a new owner to envision and implement their business plan. This is a rare chance to acquire a well-situated commercial property with significant potential for growth and return on investment. The property's history and location combine to create a unique opportunity for a savvy investor or developer. The 2.1-acre lot offers ample space for expansion or redevelopment, catering to a wide range of commercial uses. This is a prime location for a business seeking high visibility and easy access for customers.
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. Th…
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
C3 · West Columbia, SCC-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.
