Three-Level Office
For Sale
Contact for pricing
1320 Washington Street, Columbia, SC 29201
Three-level office building with multiple executive offices and conference and board rooms.
Property Size26,568 SF
Price / SF$169.38
Days on Market196
Property Features for 1320 Washington Street
General Information
Standard status
Active
Size
26,568 SF
Class
A
Total Parking Spaces
45
Property subtype
Office
Zoning
DAC
Site & Location
Neighborhood
Vista Neighborhood Association
Amenities
conference and board rooms
Building Details
Stories
3
Listing Agency:
ROI Commercial LLC
Listed By:
Billy Way · License #SC
(803) 331-1153
Source:
Crexi
Added: Apr 15
Changed: Oct 25
Last Checked: Oct 26 at 2:38PM
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 ROI Commercial LLC
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Investment Insights
Based on property information with market context.
This three-level office building offers approximately 26,568 square feet and is set up for professional use. Interior amenities include multiple executive offices, along with well-appointed conference and board rooms, supporting both day-to-day meetings and executive-level gatherings.
The property features prominent street frontage designed to provide strong identity and branding for an office user or tenant. It is positioned in the heart of Columbia’s Central Business District, with immediate access to government offices, the legal district, and corporate employers.
For prospective tenants and buyers seeking a downtown presence, the building’s existing office configuration centers on private offices and dedicated meeting spaces rather than open-plan retail or flex space.
The property features prominent street frontage designed to provide strong identity and branding for an office user or tenant. It is positioned in the heart of Columbia’s Central Business District, with immediate access to government offices, the legal district, and corporate employers.
For prospective tenants and buyers seeking a downtown presence, the building’s existing office configuration centers on private offices and dedicated meeting spaces rather than open-plan retail or flex space.
Key Highlights
- 26,568 SF three‑level office building
- Multiple executive offices
- Well appointed conference and board rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$315,628
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,312,560
$6.3M
Cap Rate 7%
$4,508,971
$4.5M
Cap Rate 9%
$3,506,978
$3.5M
Market Conditions
NOI Build-Up for 26,568 SF
Gross rent
$510.1K $19.20/SF
− Vacancy
−$89.3K −$3.36/SF
EGI
$420.8K $15.84/SF
− OpEx
−$105.2K −$3.96/SF
NOI
$315.6K $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%
$6,312,560
Cap Rate 7%
$4,508,971
Cap Rate 9%
$3,506,978
Alternative Uses
Best Use
Office B
$4.51M
$3.95M – $5.26M
NOI $315,628 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.54M
$5.72M – $7.63M
NOI $457,947 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,655
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - Three-level office building with multiple executive offices and conference and board rooms.
Where is this office building located?
The property is located at 1320 Washington Street Columbia, SC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 26,568 SF three‑level office building; Multiple executive offices; Well appointed conference and board rooms
