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Property profile & analytics
FOR SALE
Commercial real estate

200 Graces Way Columbia, SC 29229

7,532 SF Built 2004
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US77-0553108
Property summary
AI-generated overview

This exceptional commercial property, located at 2210 E Expressway 83 Highway #A, offers a prime retail opportunity. The corner unit encompasses 1,950 square feet, ideally suited for a business requiring high visibility and convenient access. Its strategic location within a well-established commercial plaza ensures significant foot and vehicle traffic. The property benefits from proximity to a substantial residential population, major retailers such as CVS and Walmart, and the established communities of Cimarron and Sharyland Plantation. The high traffic count generated by the expressway and frontage road provides unparalleled exposure. Additional space is available; three units totaling 4,550 square feet are available for lease. Units B and C each offer 1,300 square feet and can be subdivided at the owner's expense. Each unit features its own dedicated entrance. The property sits on a 4,839.95 square foot lot and includes 18 parking spaces. The zoning is CO. The property is currently a shell space, with tenant-responsible build-out. However, the owner will provide allowances for meters, an AC unit, perimeter walls, and two months of construction time. Ideal lease terms are 3-5 years. This high-occupancy location presents a rare opportunity for business growth and success. The APN is B186500000000B00.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Construction FRAME
Total area 7,532 SF
Zoning code M-1
APN R22812-01-54
UPID US77-0553108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mimsy’s Jazz Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$971k
Blend (final) Blend
$1.22M
Owner & transaction history
Pab Hospitality Group LLC · 3 yrs held
Pab Hospitality Group LLC
since 2022
Last sale
$1.4M
4 recorded transactions
2022
$1.4M
2017
Price N/A
2014
$1.2M
2010
Price N/A
Zoning & alternative use
M-1 · Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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