2306 Forrest Street, Cayce, SC 29033
Lexington County
Key Facts
Description
Investor opportunity in the heart of Cayce!This large-scale property offers a unique redevelopment or income-producing opportunity just minutes from Downtown Columbia. The property consists of four interconnected buildings totaling approximately 6,970± SF on a 0.53-acre parcel, featuring 17+ private rooms, multiple common lounges, a cafeteria-style kitchen and dining area, on-site laundry, and an administrative office building.A separate single-family residence on site is currently utilized for staff or manager housing, adding additional flexibility and value. The existing layout and infrastructure provide a strong foundation for a variety of adaptive re-use concepts, including residential, multi-family, senior housing, or other redevelopment possibilities. The property is zoned RG-2 (General Residential), allowing multi-family and residential care uses; buyer to verify intended use.Unlimited potential. Bring your vision and unlock the value. Call to schedule a tour today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Property Information
Property Type
Commercial Sale
Year Built
1967
Stories
1
Living Area
6,970 sq ft
Lot Size
0.05 acres
Parking Spaces
12
Zoning
RG-2
Days on Market
183
MLS® Listing#
625033
Property Features
Cooling
Heating
Construction
Sewer
Water Source
Directions
US-1 S/US-378 W/Gervais St, straight onto Meeting St, left onto State St, right onto SC-2 S/Frink St, left onto Forrest St. Property on the right. GPS
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cayce, SC
- $286,207
- Median Listing Price
- 51
- Median Days on Market
- 1,402
- Median Sq Ft
- $177
- Median Price / Sq Ft
- 39
- Active Listings
- This home’s price is 92% above the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cayce, SC.
Location
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Points of Interest in Cayce, SC
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 139 Bonhill Dr, Cayce, SC | $385,000 | 3 | 3 | 2,490 |
| 723 Moss Creek Drive, Cayce, SC | $399,000 | 4 | 5 | 3,500 |
| 117 Bonhill Drive, Cayce, SC | $399,900 | 4 | 3 | 2,644 |
| 199 Rossmore Drive, Cayce, SC | $409,900 | 4 | 3 | 3,694 |
| 900 M Avenue, Cayce, SC | $449,300 | 3 | 3 | 2,532 |
| 2609 Riverland Drive, Cayce, SC | $674,999 | 4 | 4 | 3,205 |
Moving Cost Estimate
EXIT Agents in Cayce
Listing Courtesy: Coldwell Banker Realty - 8037998035