2108 State St Cayce, SC 29033-3991
- Retail space
- 5,523 SF
- 0.51 lot acres
Current Use by Public Records
- Retail space
Property Details for 2108 State St
- Year built
- 1924
- Lot size
- 0.51 lot acres
- Property size
- 5,523 SF
- Zone code
- M2
- Property type
- Retail space
- APN
- 005767-01-003
- APU
- 576701003
Description
This exceptional commercial property in Cayce, South Carolina presents a unique investment opportunity. Located at 2108 State St, this 7,000 square foot building sits on a 0.51-acre lot and offers a versatile blend of retail and industrial space. The property features a fully equipped, turnkey restaurant space, ideal for immediate operation. All fixtures, furniture, and electronics are included, saving significant time and expense for a new owner. Beyond the restaurant, an additional approximately 2,000 square feet of flexible warehouse space provides ample storage or expansion potential. The property boasts ample parking and an attractive outdoor patio area. Its strategic location at the corner of Frink and State Street in Cayce offers excellent visibility and accessibility. The property benefits from its proximity to the University of South Carolina, Downtown Columbia, and the vibrant Cayce River District, ensuring a strong customer base and high potential for success. The asking price for this turnkey operation is $725,000. This is a rare opportunity to acquire a well-established, versatile commercial property in a thriving South Carolina location. The property is zoned for restaurant, flex space, and warehouse uses. This second-generation restaurant is ready for a new owner to take over and continue its success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $340,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $300,000
- Mixed-Use
- $300,000
- Hospitality
- $255,000
- Educational
- $335,000
- Residential Income
- $315,000
- Energy
- $305,000
- Income-Based Land
- $270,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Cayce
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.0521
- Latitude
- 33.9742
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
