Columbia, SC 29212,409 Piney Woods RD
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Columbia, SC 29212,409 Piney Woods RD

$400,000

Est. payment /mo

$675,000

40.7%
Est.Price: ?

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409 Piney Woods RD Columbia, SC 29212

SOLD DATE : 05/02/2022

Key Details

Sold Price $400,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 30769008

Sold Date 05/02/22

Year Built 1998

Property Sub-Type Industrial

Property Description

409 Piney Woods Rd. is an industrial investment opportunity located in the Saint Andrews sub-market of greater Columbia South Carolina. The investment opportunity had an original five year lease term. The industrial auto repair facility is steel construction, two buildings (main 10,500 square-foot facility and additional 3,723 square-foot rear building) with M-1 zoning on approximately 1 acre. Built in 1998 the property has a long history of successful auto repair shops operating in the facility. The current five year lease, expiring March 2025, gross income is 42,000 annually with current ownership only responsible for taxes and insurance. The location offers great frontage visibility off of Piney Woods Road, close proximity to national retailers, interstate 26 access, and an above average affluent demographic in the Saint Andrews sub market. The 2020 taxes were $7,007 and insurance was $754. The 2020 NOI was $34,239.00.

Location

State SC

County Lexington

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Paul Paschal • Lee & Associates - Charleston
Bought with Paul Paschal • Lee & Associates - Charleston
agent

Chris Bellinder

License ID: 102662

+1(785) 760-2132

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