1501 Lady StColumbia, SC 29201

  • Other commercial real estate
  • 128,775 SF
For Sale
$19,250,000 View listing

Property Details for 1501 Lady St

Year built
1952
Construction
FRAME
Property size (Sq ft)
128,775 SF
Zone code
C-4
Property type
Other commercial real estate
APN
R11402-12-14
APU
R114021214

Description

This exceptional multifamily and office investment opportunity presents a 128,333 square foot, four-story building situated at the intersection of Bull and Lady Streets in Columbia, South Carolina. Built in 1950 by Lafaye, Fair & Lafaye, and extensively renovated in 2018, this Class B property boasts a 100% occupancy rate and offers flexible floorplates easily adaptable to various tenant needs. The property sits on a 3.38-acre lot and features ample parking (2.03 spaces per 1,000 sq ft). Its prime location within the DAC (Downtown Activity Center/Corridor) zoning provides easy access to I-277 via Bull Street and is surrounded by numerous restaurants and amenities. The building's proximity to the vibrant Bull Street development, including multi-family complexes, restaurants, and the Columbia Fireflies stadium, further enhances its desirability. The property's APN is R11402-13-11; R11402-12-14; R11402-11-11; R11401-05-19. Floor plans are available upon request. This landmark building presents a compelling investment opportunity for those seeking a high-performing asset in a rapidly growing urban core. The asking price is $19,250,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,801,412
    Hospitality
    $19,053,982
    Educational
    $15,852,689
    Medical
    $16,397,887
    Retail
    $24,659,738
1501 Lady St, Columbia, South Carolina

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0049
Longitude
-81.0291
CBSA code
17900
CBSA name
COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$122,032
-
-
-
-
-
-
$4,890,100

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