925 Gervais St | Columbia, SC 29201
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925 Gervais St
Columbia, SC 29201
Retail Property For Sale
Investment Highlights
- Bailey bill special property tax assessment already in place (approximately 15 years remaining)
- Ability to convert to 100% office, boutique hotel, or multi-family
- Current configuration is evenly split between first floor restaurant/retail space and second floor office space
- Up to 35 dedicated surface parking spaces directly behind the building
Executive Summary
Historic building plus 0.5 acre parking lot.
The building located at 925 Gervais Street, is two-stories split evenly with the first floor being restaurant/retail space and the second floor is office space.
Bailey Bill in place with approximately 15 years remaining.
Located in the heart of The Vista within walking distance to Columbia's Central Business District, USC campus, and numerous bars and restaurants.
Suitable for mixed-use, high-intensity residential, or hotel development.
0.5 acre parking lot located at 1217 Park Street has 63 existing spaces with the ability to build up to 100'.
The building located at 925 Gervais Street, is two-stories split evenly with the first floor being restaurant/retail space and the second floor is office space.
Bailey Bill in place with approximately 15 years remaining.
Located in the heart of The Vista within walking distance to Columbia's Central Business District, USC campus, and numerous bars and restaurants.
Suitable for mixed-use, high-intensity residential, or hotel development.
0.5 acre parking lot located at 1217 Park Street has 63 existing spaces with the ability to build up to 100'.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,170 SF
Building Class
B
Year Built/Renovated
1910/1980
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.86
Lot Size
0.15 AC
Zoning
GC - Regional Activity Center (City of Columbia)
Parking
31 Spaces (2.55 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Roof Terrace
PROPERTY TAXES
| Parcel Number | 09013-11-17 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,300,000 |
PROPERTY TAXES
Parcel Number
09013-11-17
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,300,000
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