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504 Old Lexington Highway, Chapin, SC 29036
$749,000
504 Old Lexington Highway, Chapin, SC 29036View this property at 504 Old Lexington Highway, Chapin, SC 29036
504 Old Lexington HighwayChapinSC29036
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Property Description
Prime commercial (retail/office/etc.) space in Chapin's bustling Old Lexington Town Centre shopping center. This property features ~3,000sf of ground level retail divided into 2 roughly equal-sized units. These units have individual storage space and share a common kitchen and restrooms. The second floor includes 7 offices, male and female restrooms, and a shared kitchen space. Contact listing team for information about existing leases and overall financial performance. Current Cap Rate = 5.5% Pro Forma Cap Rate = 8.89%
Full Property Details
Full Property Details for 504 Old Lexington Hwy
General
- Price: $749,000
- Status: Active
- Type: Commercial
- MLS ID: 583539
- Updated: 5/2/2024
- Added to Site: 26 day(s) ago
Additional Information
- Amenities: In Storage, Restrooms
Location
- Area: Lake Murray (Irmo, Chapin Side)
- County: Lexington
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Frame
- Roof: Comp Shingle
- Stories/Levels: 2
- Square Feet: 5,200
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 3049
- Zoning: 5C
Disclosures and Reports
- APN: 000700-05-043
Listed by RE/MAX At The Lake
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Schools
Schools serving 504 Old Lexington Hwy
School District:Lexington 05 School District
Rating | Name | Grades | Distance |
---|---|---|---|
940 Old Bush River Rd, Chapin, SC 29036 | PK-5 | 1.4 mi | |
11661 Broad River Rd, Chapin, SC 29036 | 7-8 | 4.2 mi | |
300 Columbia Ave, Chapin, SC 29036 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 Old Lexington Hwy
Date
Details
Price
Change
Source
4/22/2024
Listed
$749,000
248.37%
MLS
4/12/2021
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 504 Old Lexington Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,206
-2%
$14,469
—
2022
$2,244
—
$14,469
19996%
2022
$2,244
4300%
$72
-100%
2019
$51
-25%
$327,000
-28%
2018
$68
—
$452,000
—
2017
$68
1%
$452,000
—
2016
$67
—
$452,000
265782%
2015
$67
-4%
$170
—
2014
$70
11%
$170
—
2013
$63
—
$170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 Old Lexington Hwy
504 Old Lexington Highway, Chapin, SC 29036 (MLS# 583539) is a Commercial property. 504 Old Lexington Highway is currently listed for $749,000 and was received on April 22, 2024. Want to learn more about 504 Old Lexington Highway? Do you have questions about finding other Commercial real estate for sale in Chapin? You can browse all Chapin real estate or contact a Coldwell Banker agent to request more information.