Office Warehouse Flex
2320 Wayne St Columbia, SC 29201
For Sale
Contact for pricing
Premium office and warehouse shell with reception, kitchen, conference room, secured yard, and 50+ surface parking spaces.
Property Size16,000 SF
Price / SF$137.50
Days on Market703
Property Features for 2320 Wayne St
General Information
Standard status
Active
Size
16,000 SF
Property subtype
OFFICE
Listing Agency:
Wilson Kibler | Columbia
(803) 255-8631
Listed By:
Michael Crowley · License #130079
(704) 770-8692
Source:
Moodyscre
Added: Aug 26, 2024
Changed: Jul 27
Last Checked: Jul 28 at 4:12PM
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 Wilson Kibler | Columbia
Investment Insights
Based on property information with market context.
A premium office and warehouse flex building available for sale in Columbia, featuring shell space with a reception area, spacious common areas, a kitchen, and a conference room. The property has been recently renovated and includes a secured yard and 50+ surface parking spaces.
The site is located in the Elmwood Park Historic District and offers easy access to the Central Business District and Interstate 26, with the property described as being adjacent to Downtown Columbia.
As a shell space opportunity, the building supports flexible interior buildout while maintaining the listed office-oriented improvements in place, along with the outdoor yard and parking for operational use.
The site is located in the Elmwood Park Historic District and offers easy access to the Central Business District and Interstate 26, with the property described as being adjacent to Downtown Columbia.
As a shell space opportunity, the building supports flexible interior buildout while maintaining the listed office-oriented improvements in place, along with the outdoor yard and parking for operational use.
Key Highlights
- ±21,000 SF premium office and warehouse building for sale adjacent to Downtown Columbia
- Includes reception area, spacious common areas, kitchen, and conference room
- Shell space available for customization
Financial Insights For Flex RnD
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 | $326.4k | $20.40 |
| − Vacancy | −$21.2k | −$1.33 |
| EGI | $305.2k | $19.07 |
| − OpEx | −$106.8k | −$6.68 |
| NOI | $198.4k | $12.40 |
16,000 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$3.39M
$2.97M – $3.95M
NOI $237,211 @ 7.0% cap · market cap 10.78%
Second Best
Flex RnD
$2.83M
$2.48M – $3.31M
NOI $198,370 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$3.94M
$3.45M – $4.60M
NOI $275,789 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Gorilla Boost — 1400 Main St, Columbia, SC 29218
- Kiss My Grits Cafe' — 1400 Main St, Columbia, SC 29201
- Wooffle SC — 1400-1498 main st, columbia, sc 29201
Frequently Asked Questions
What type of property is this?
Flex space - Premium office and warehouse shell with reception, kitchen, conference room, secured yard, and 50+ surface parking spaces.
Where is this flex space located?
The property is located at 2320 Wayne St Columbia, SC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: ±21,000 SF premium office and warehouse building for sale adjacent to Downtown Columbia; Includes reception area, spacious common areas, kitchen, and conference room; Shell space available for customization
