203 Main StLexington, SC 29072

Property Details for 203 Main St

Year built

1962

Lot size

1.40 AC

Property size (Sq ft)

1,288 SF

Zone code

ID

Property type

Office properties

Property subtype

Office buildings

APN

004321-08-025

APU

432108025

Description

This 161 sq. ft. office space at 203 West Main Street, Lexington, SC 29072, offers a professional setting in a modern, all-brick building constructed in 2010. The building features a welcoming lobby, separate waiting area, and restrooms for men and women. A spacious kitchenette is conveniently located on the first floor, with smaller break rooms available on the second and third floors. Elevator access is provided to all three floors, ensuring accessibility for all tenants. A shared, large conference room is available on the first floor for a small cleaning fee. High-speed internet and telephone services are readily available through Spectrum (tenant expense). The property benefits from common area janitorial services, maintaining pristine restrooms and hallways. The well-landscaped grounds create a positive first impression for clients and guests. This low-maintenance office space is perfect for businesses seeking a productive and efficient work environment. One space is currently available for lease in this multi-tenant building. The building is easily accessible and offers ample exposure to daily traffic. Handicap accessibility features include a rear ramp and a dedicated restroom. First-floor units are handicap accessible

• CAP approach

  CAP return

  Valuation

  6%

  $193,706

  6.5%

  $178,805

  7%

  $166,033

• Comparable approach

  Method

  Valuation

  Relative Method

  $94,244

  Geo Method

  $218,110

• Alternative Use

  Use

  Valuation

  Residential

  $221,718

  Hospitality

  $203,093

  Educational

  $168,971

  Medical

  $174,782

  Retail

  $262,844

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.9821

Longitude

-81.2395

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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