312 Columbia Ave Lexington, SC 29072-2657
This exceptional 2,235 square foot restaurant property, located at 312 Columbia Avenue in Lexington, South Carolina, presents a unique investment opportunity. Previously occupied by a Sonic Drive-In, this established location benefits from an existing drive-thru lane, already approved by the town of Lexington. The 0.6-acre lot provides ample on-site parking for customers. The property enjoys a high-traffic location, with a daily traffic count of 33,500 vehicles passing by. Its strategic placement is further enhanced by its proximity to Clutch Coffee, a popular local business. The former Sonic Drive-In recently relocated to a larger building directly across the street, highlighting the area's strong demand for restaurant spaces. This turnkey property is available for sale at $1,100,000 and offers significant potential for a variety of restaurant concepts. The existing infrastructure and high visibility make this an ideal opportunity for a quick and efficient launch. The property's size and location make it an attractive option for both established and emerging restaurant businesses seeking a thriving location in Lexington, SC. The zip code is 29072.
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
GC · Lexington, SCLexington. Always verify with local authorities before improvements.
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.