1929 Marion StColumbia, SC 29201

  • Commercial real estate
  • 3,276 SF
For Sale
$399,999 View listing

Property Details for 1929 Marion St

Year built
1930
Construction
FRAME
Property size (Sq ft)
3,276 SF
Zone code
C-1
Property type
Commercial real estate
APN
R09015-04-05
APU
R090150405

Description

This exceptional 3,000 square foot office building, located at 1929 Marion Street in Columbia, South Carolina, presents a unique investment opportunity. Situated on a 0.12-acre lot, the property boasts a strong, existing tenant—Clear Dot Charter School—with a lease extending until March 2027. This provides immediate and consistent rental income with minimal risk. A significant advantage of this property is the current absence of Richland County property taxes. The only tax/expense associated with the property is a nominal assessment for city center partnership fees, making this an exceptionally low-cost investment. The building's convenient location offers easy access to various amenities. While the property itself does not include dedicated parking, ample lease parking options are readily available in the immediate vicinity. Furthermore, there is plenty of metered street parking directly adjacent to the building, ensuring convenient access for both tenants and visitors. This combination of a long-term lease, minimal tax burden, and excellent location makes this a highly attractive investment opportunity in the thriving Columbia market. The asking price for this property is $399,000. This represents a compelling return on investment given the current market conditions and the long-term lease in place.

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0127
Longitude
-81.0352
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
-
-
-
-
-
-
-
-

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