For Sale
$900,000

6725 Two Notch RdColumbia, SC 29223

High-yield, multi-tenant retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional value-add opportunity presents a portfolio of six buildings totaling ±10,476 square feet situated on a 1.79-acre lot at 6725 Two Notch Road in Northeast Columbia, South Carolina. The property, built in 1961, boasts 100% occupancy with six tenants under gross leases, generating a strong net operating income (NOI) of $76,960 and an 8.55% cap rate. The asking price is $900,000, translating to $85.91 per square foot. The property features a mix of building types, including a ±7,476 square foot building, a ±3,000 square foot building, and several mobile homes, all operating as auto shops within the General Commercial (GC) zoning. The location offers excellent visibility and accessibility, with road frontage on both the front and rear of the parcel and convenient access to I-20 and downtown Columbia. Ten parking spaces are available on-site. Owner financing may be considered. This is a prime opportunity for investors seeking a stable, high-cash-flow investment with significant upside potential. The property's strong tenancy and location make it an attractive investment for both short-term and long-term growth.

Highlights

  • Six-building portfolio totaling ±10,476 square feet on a 1.79-acre lot in Northeast Columbia, SC.
  • 100% occupied with six tenants under gross leases, generating $76,960 NOI and an 8.55% cap rate.
  • Asking price: $900,000 ($85.91/SF).
  • Property includes a ±7,476 SF building, a ±3,000 SF building, and several mobile homes, all auto shops, in GC zoning.
  • Excellent visibility and accessibility with frontage on Two Notch Road, near I-20 and downtown Columbia; 10 parking spaces.
  • Owner financing considered.

Property Details for 6725 Two Notch Rd

Property type
Retail properties, Auto shops
Square Feet
10,476 SF
Class
C
Year Built
1961
Buildings
6
Stories
1
Lot Size (sq. ft)
77,972 SF

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.059166695107
Longitude
-80.963887599381
6725 Two Notch Rd, Columbia, South Carolina

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6725 Two Notch Rd
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