109 Shakespeare RdColumbia, SC 29223

Property Details for 109 Shakespeare Rd

Year built

1992

Lot size

2.97 AC

Property size (Sq ft)

12,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This ±12,000 square foot freestanding retail building in Northeast Columbia, South Carolina, presents a unique investment opportunity. Situated on a 2.97-acre lot (including a ±1.79-acre adjacent outparcel suitable for expansion), this Class B property boasts 232 feet of frontage on Columbia Mall Blvd. Built in 1992, the building is zoned GC - General Commercial (APN: 16904-01-10, 16904-01-16) and offers 18 parking spaces. The property's prime location provides convenient access to I-20 (1.2 miles) and I-77 (2 miles). Currently available for sale at $900,000 or lease at $8 per square foot NNN. This location benefits significantly from its proximity to the $40 million redevelopment project at Columbia Place Mall, which will house the Department of Social Services, Department of Juvenile Justice, and the Voter Registration Office for the State of South Carolina. This redevelopment project presents a significant opportunity for increased foot traffic and business growth. The property's size and location make it suitable for a variety of retail uses, and the adjacent outparcel offers potential for future expansion. This is a rare opportunity to acquire a substantial retail property in a rapidly developing area of Columbia.

Location Insight

City

Columbia

County

Richland

State

South Carolina

Latitude

34.0629

Longitude

-80.9628

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