1717 Gervais St
Columbia, SC 29201

This property is a 5,500 SF office building, well located downtown on one of Columbia’s busiest arteries, close to the SC State House and the University of South Carolina and is 2 blocks from the new USC Law School. It has 17 off street parking spaces, with one of those spaces being equipped with an exterior electrical outlet for plug in electric vehicles. A plat and floor plans are attached. HVAC The building utilizes 4 heat pumps and a gas furnace the heats most of the second floor. All units have been replaced over the last 10 years with the heat pump and the gas furnace for the second floor being replaced in 2017. Solar Panels Solar panels, costing $35,500, were installed on the building in June of 2016. These panels have resulted in an average 53.9% monthly savings on electricity costs since that time. Expenses Electrical costs average $350/mo. Solar Panels (purchased and installed in 2016 at $35,500) —saved electricity costs monthly in 2017: January – 59.4% February – 88.9% March – 87.7% April – 61.2% May – 51.3% June – 37.7% July – 32.0% August – 35.0% September – 44.5% October – 54.0% November – 56.6% December – 38.5% Average electrical savings per month – 53.9% Water averages $70/mo. Property Taxes are $13,127/yr. Insurance is $2,797/yr. Income Monthly income is currently $4,145. This includes $600 total for 5 offices occupied by the owner of the building. All offices are currently leased.