823 Gervais StColumbia, SC 29201

Property Details for 823 Gervais St

Year built

1950

Construction

FRAME

Lot size

0.28 AC

Property size (Sq ft)

18,568 SF

Zone code

RAC

Property type

Commercial real estate

APN

R08916-01-19

APU

R089160119

Description

This fully leased, mixed-use building presents a compelling investment opportunity in Columbia, South Carolina's vibrant Vista district. Spanning approximately 18,568 square feet (16,712 net rentable square feet), this two-story property boasts a prime location within a thriving entertainment, dining, and retail area. The building, renovated in 2011, features high ceilings, large windows, and exposed brick and ductwork, creating a unique and attractive space for its tenants. Currently 100% occupied by three established businesses, this property offers immediate cash flow and strong potential for future appreciation. The building's M-1 zoning allows for a variety of uses, enhancing its long-term value. Situated on a 0.28-acre lot, the property benefits from convenient access to on-street parking and two nearby city parking garages. Its central location provides easy access to interstates, the Central Business District, the Columbia Metropolitan Convention Center, the SC State House, the National Advocacy Center, and the University of South Carolina. The surrounding area offers a wealth of cultural and entertainment options, including the Koger Center, EdVenture, the SC State Museum, and the Colonial Life Arena, attracting both residents and visitors. This is a rare opportunity to acquire a high-quality, fully leased asset in a dynamic and rapidly growing urban core. The asking price is $4,250,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,999,345

  Hospitality

  $2,747,384

  Educational

  $2,285,791

  Medical

  $2,364,403

  Retail

  $3,555,675

Location Insight

City

Columbia

County

Richland

State

South Carolina

Latitude

34

Longitude

-81.0391

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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