100 Gateway Corporate BlvdColumbia, SC 29203

Property Details for 100 Gateway Corporate Blvd

Year built

1992

Construction

FRAME

Lot size

3.08 AC

Property size (Sq ft)

30,562 SF

Zone code

M-1

Property type

Commercial real estate

APN

R17200-03-15

APU

R172000315

Description

This exceptional two-story office building, totaling 28,500 square feet, is situated on a 3.1-acre lot in Northeast Columbia, South Carolina. Built in 1992 and renovated in 2000, the property boasts ample parking and is ideally located just off Interstate 77 and Farrow Road, providing convenient access to major roadways. Currently leased to Webster University with a remaining two-year lease term, this property presents a compelling investment opportunity. Its prime location in the thriving Northeast corridor offers proximity to MUSC Medical Northeast, numerous retailers, restaurants, and businesses, enhancing its appeal as a medical office or general office space. The area benefits from consistent economic growth, further bolstered by the nearby Scout Motors manufacturing plant, creating 4,000 new jobs. The property's strong location, combined with a 7.3% cap rate and a large 3.1-acre lot, makes it an attractive investment for discerning buyers. The building is approximately 10.2 miles from Interstate 77 and serves a vibrant local market with approximately 46,846 households within a 5-mile radius. This is a rare opportunity to acquire a well-maintained, strategically located office building in a rapidly growing area of Columbia, SC. The asking price is $4,200,000, with a price per square foot of $147.37. The property is zoned for both creative office and medical office uses.

• Alternative Use

  Use

  Valuation

  Residential

  $4,319,824

  Hospitality

  $3,956,936

  Educational

  $3,292,124

  Medical

  $3,405,346

  Retail

  $5,121,082

Location Insight

City

Columbia

County

Richland

State

South Carolina

Latitude

34.1053

Longitude

-80.9552

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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