Freestanding Office Building For
122 S Pickens St Columbia, SC
122 S Pickens St, Columbia, SC, 00000
Contact for pricing
For Sale
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Two-story, 4,276 SF office building in prime location.
Property Size4,276 SF
Lot Size0.13 Acres
Price / SF$186.86
Days on Market344
Property Features for 122 S Pickens St
General Information
- Standard status
- Active
- Size
- 4,276 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Listing Agency
Colliers | Columbia
(803) 261-5839
Listed by
Mary Teaster
(803) 261-5839
Source
Moodyscre
Added: Aug 8, 2025 Checked: Jul 17 at 3:59 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Columbia
Investment Insights
Based on property information with market context.
This is a freestanding two-story building with ±4,276 square feet of space. The building is suitable for professional offices or law firms. It was formerly the Vista Insurance building. The property features high ceilings, large office and conference rooms, and an abundance of natural light. There are 6 surface parking spaces available. The location is near the USC School of Law, Central Business District, SC State Capitol Complex, and the USC campus.
Key Highlights
- Prime location near USC School of Law, Central Business District, SC State Capitol Complex, and USC campus.
- ±4,276 SF two‑story freestanding building.
- Ideal for professional offices or law firms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.1k | $19.20 |
| − Vacancy | −$14.4k | −$3.36 |
| EGI | $67.7k | $15.84 |
| − OpEx | −$16.9k | −$3.96 |
| NOI | $50.8k | $11.88 |
4,276 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$725.7K
$635.0K – $846.7K
NOI $50,799 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$921.3K – $1.23M
NOI $73,705 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Two-story, 4,276 SF office building in prime location.
Where is this office building located?
The property is located at 122 S Pickens St Columbia, SC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime location near USC School of Law, Central Business District, SC State Capitol Complex, and USC campus.; ±4,276 SF two‑story freestanding building.; Ideal for professional offices or law firms.
