Real Estate in Lexington, SC
2040 S Lake Drive in subdivision in Lexington SC
Call or Text us at 803-386-9872
Lexington, SC 29072
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 10,000SqFt
- 1978Year Built
- 1.07Acres
- MLS# 635001
- Commercial
- Commercial
- Active
- Approx Time on Market22 days
- AreaLexington and Surrounding Area
- CountyLexington
- Subdivision N/A
Overview
Property sits on 1.07 acres with multiple units, including a retail 4-plex with LED signage, 3 one bedroom apartments, 1 double-wide, a camper and a 2,000 sf warehouse. There are 5 septic tanks, 2 4"" submergible wells. Currently generating $105,300 of gross income with all occupied retail and residential units with value-add. 110 feet of road frontage on S. Lake Opportunity for additional acreage, please ask agent. Prime location near Walmart, Publix, Tractor Supply and other major retailers. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Bathroom Info
Building Info
Construction: Frame, Mason, Metal, Other
Stories: 1
Year Built: 1978
Financial
Total Expenses: 16,687
Net Income: 88,613
Rollback Tax: Yes
Gross Income: 105,300
Foreclosure: No
Garage / Parking
Parking Spaces: 15
Lot Info
Acres: 1.07
Misc
Shortsale: No
Best Use: Ideal for investors seeking a mixed-use property with stable rental income. Suitable for office, warehouse, retail and residential rentals. Located in an enterprise zone with incentives for busines
Other
Property Info
New Resale: Resale
Zoning: ID
County: Lexington
Power On: Yes
Class Type: Commercial
Sale / Lease Info
Sqft Info
Warehouse Sqft: 2,000
Sqft: 10,000
Utilities / Hvac
Water: Well, Well-Public Available
Sewer: Septic
Heating: Central
Cooling: Combo
Courtesy of Southern Visions Realty I Llc
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