Office Building with Deeded
For Sale
Contact for pricing
1812 Lincoln St, Columbia, SC 29201
Downtown Columbia office building with deeded parking in an attached garage and recent roof and HVAC updates.
Property Size30,000 SF
Price / SF$173.33
Days on Market590
Property Features for 1812 Lincoln St
General Information
Standard status
Active
Size
30,000 SF
Total Parking Spaces
95
Property subtype
OFFICE
Site & Location
Neighborhood
Arsenal Hill Neighborhood
Amenities
views of downtown skyline and Finlay Park
adjacent to Governor's Mansion
walking access to county and federal courthouses
Building Details
Buildings
1
Building Size
30,000 SF
Listing Agency:
Colliers | Columbia
(803) 254-2300
Listed By:
Tommy Johnson, SIOR
(803) 206-4976
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Oct 26
Last Checked: Nov 1 at 6:19AM
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
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Investment Insights
Based on property information with market context.
1812 Lincoln Street is a 30,000 SF office building available for sale and leasing. The building offers 1,303 SF to 1,940 SF first-floor suites, with flexible options for office tenants seeking space on the main level.
The property is in Downtown Columbia with views of the downtown skyline and Finlay Park. It’s adjacent to the Governor’s Mansion and within convenient walking access to county and federal courthouses. An attached garage provides 95 deeded parking spaces at no extra cost.
The building is well-maintained by the homeowners’ association (HOA). Recent updates include the roof and the HVAC system, supporting a strong day-to-day operating base for prospective tenants and owners.
The property is in Downtown Columbia with views of the downtown skyline and Finlay Park. It’s adjacent to the Governor’s Mansion and within convenient walking access to county and federal courthouses. An attached garage provides 95 deeded parking spaces at no extra cost.
The building is well-maintained by the homeowners’ association (HOA). Recent updates include the roof and the HVAC system, supporting a strong day-to-day operating base for prospective tenants and owners.
Key Highlights
- 30,000 SF office building available for sale and leasing
- 1,303 SF to 1,940 SF first‑floor suites
- 95 deeded parking spaces in an attached garage at no extra cost
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$356,400
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,128,000
$7.1M
Cap Rate 7%
$5,091,429
$5.1M
Cap Rate 9%
$3,960,000
$4.0M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$576.0K $19.20/SF
− Vacancy
−$100.8K −$3.36/SF
EGI
$475.2K $15.84/SF
− OpEx
−$118.8K −$3.96/SF
NOI
$356.4K $11.88/SF
Area
Columbia, SC
Vacancy
17.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,128,000
Cap Rate 7%
$5,091,429
Cap Rate 9%
$3,960,000
Alternative Uses
Best Use
Office B
$5.09M
$4.46M – $5.94M
NOI $356,400 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.39M
$6.46M – $8.62M
NOI $517,104 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,558
Businesses Nearby
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Business Placement
Demographics for 29201, SC
25,259
Population
12,619
Households
2
Avg Household Size
25
Median Age
56%
College-Educated
92%
High-School Grad
11.5 sq mi
ZIP Area
2,196
Density / Sq Mi
$34,327
Median Household Income
$14,671
Median Earnings
$1,207
Median Rent
$238,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - Downtown Columbia office building with deeded parking in an attached garage and recent roof and HVAC updates.
Where is this office building located?
The property is located at 1812 Lincoln St Columbia, SC.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 30,000 SF office building available for sale and leasing; 1,303 SF to 1,940 SF first‑floor suites; 95 deeded parking spaces in an attached garage at no extra cost
