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Investment Highlights

  • Real Estate and established operating business
  • Warehouse space
  • Multiple income-producing components

Executive Summary

2040 S. Lake Drive presents a rare chance to acquire a fully operational, income-producing commercial property in the heart of Lexington, SC. Situated on a high-traffic corridor, this versatile site includes the building, land, and established businesses, offering immediate cash flow and long-term upside.
The property is zoned ID (Intensive Development), allowing for a wide range of commercial and light industrial uses. With multiple tenant spaces, prominent street signage, and a strong local customer base, it’s an ideal acquisition for investors, entrepreneurs, or owner-users seeking a value-add opportunity.
2 septics, Two (2) four inch wells, submergible wells, 4 plex-new ac. each building has HVAC, roof-shingle with metal

Property Facts

Price $750,000
Price Per SF $86.60
Sale Type Investment or Owner User
Cap Rate 11.77%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 1.07 AC
Rentable Building Area 8,661 SF
No. Stories 1
Year Built 1978
Parking Ratio 1.73/1,000 SF
Zoning ID - Intensive Dev.. Supports a wide range of commercial, office and light industrial uses. Well suited for business owners, developers and invesestors

Amenities

  • Signage

Utilities

  • Water
  • Sewer
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
007600-03-007
Land Assessment
$1,425
Improvements Assessment
$9,343
Total Assessment
$10,768
  • Listing ID: 41376151

  • Date on Market: 7/21/2026

  • Last Updated:

  • Address: 2040 S Lake Dr, Lexington, SC 29073

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