1331 Elmwood Ave Columbia, SC 29201
Professionally managed office building in Columbia's central business district.
Property size:
57,624 SFProperty Features for 1331 Elmwood Ave
General Information
- Size
- 57,624 SF
Building Details
- Year built
- 1982
Source:
Trinity-partners
Listing Agent: Bruce Harper, SIOR
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Columbia Office Building For Sale
Located in Columbia's central business district, the property at 1331 Elmwood Avenue is a full-service, professionally managed office building. The property is in close proximity to the Bull Street Development and offers convenient access to multiple interstate systems, including I-126, I-277, I-26, I-20, and I-77. Situated in an Opportunity Zone, the property presents a unique opportunity for both owner-occupants and value-add investors. A business owner can acquire office space for their own occupancy at a cost substantially below replacement value, while also collecting income from the existing tenant base. Investors can acquire a well-positioned and maintained asset in a growing market with below-market rents, with the potential to realize above-market yields upon stabilization. The property recently underwent enhancements to the exterior landscaping, upgrades to the interior aesthetics and finishes, and the mechanical system for the freight elevator was replaced in 2024. Near-term below-market lease expirations offer the opportunity to occupy or re-let at market rents.
Location Intelligence
Current Use by Public Records
Buford Goff & Associates ...
Association / Organization
The Law Office of Daryl ...
Attorney
Diversified Development Inc
Real Estate Developer
Sullivan Law Firm, ...
Tax Attorney
Boger & Peters LLC
Real Estate Attorney
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.036379
- Latitude
- 34.015016
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FAQs
What type of property is this?
Office building - Professionally managed office building in Columbia's central business district.
Where is this office building located?
The property is located at 1331 Elmwood Ave Columbia, SC.
What are key features of this property?
This property features: - Opportunity for owner-occupants to acquire office space below replacement cost while generating income from existing tenants.; - Value-add investment potential with below-market rents in a growing market, offering potential for above-market yields upon stabilization.; - Strategic location in Columbia's Central Business District with convenient access to major interstates (I-126, I-277, I-26, I-20, I-77).