2720 Devine Street

2720 Devine Street, Columbia, SC 29205
Size: 6,650 Sq Ft

Cypress Commercial identified this “off market” investment through a broker relationship. The property – one of just a few “big box” retail buildings – is situated on this prime retail/office corridor (and only 3 blocks from our office). The 6,650 square foot clear span building was developed for a grocer in 1940 and has been owned by the same family for almost 80 years. Street parking is available in front as well as off-street parking and a loading door in the rear of the building. We extended the lease with the current tenant – who has occupied the building at a below market rate for 10+ years – for the short term with the understanding a “higher and better” use will make sense in the future. We sold the property- at a significant profit- to an owner/user in 2022.