Mixed-Use Commercial
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For Sale
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1322 Gadsden St, Columbia, SC 29201
Commercial Activity Center zoning supports office, retail, service, or redevelopment uses.
Property Size621 SF
Price / SF$454.91
Days on Market7
Property Features for 1322 Gadsden St
General Information
Standard status
Active
Size
621 SF
Property subtype
Office, Mixed Use
Zoning
Commercial Activity Center (CAC)
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
1929
Buildings
1
Tenancy
Single
Listing Agency:
KW Commercial Columbia-Northeast
Listed By:
Orie Brown · License #143933
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 5 at 9:46AM
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 KW Commercial Columbia-Northeast
Investment Insights
Based on property information with market context.
This mixed-use commercial property at 1322 Gadsden St is positioned within Downtown Columbia’s Central Business District. The asset was built in 1929 and carries Commercial Activity Center (CAC) zoning, supporting office, retail, service, and redevelopment uses.
The property is near the South Carolina State House, University of South Carolina, Prisma Health Richland, and the Main Street and Vista districts. Regional access includes I-126, I-26, I-77, and I-20. The surrounding area includes government offices, professional firms, medical facilities, hotels, restaurants, and new mixed-use development.
The property is near the South Carolina State House, University of South Carolina, Prisma Health Richland, and the Main Street and Vista districts. Regional access includes I-126, I-26, I-77, and I-20. The surrounding area includes government offices, professional firms, medical facilities, hotels, restaurants, and new mixed-use development.
Key Highlights
- Commercial Activity Center (CAC) zoning
- Built in 1929
- Located at 1322 Gadsden St, Columbia, SC 29201
Financial Insights For Retail
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 | $13.4k | $21.60 |
| − Vacancy | −$805 | −$1.30 |
| EGI | $12.6k | $20.30 |
| − OpEx | −$3.8k | −$6.09 |
| NOI | $8.8k | $14.21 |
621 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$126.1K
$110.3K – $147.1K
NOI $8,826 @ 7.0% cap · market cap 3.12%
Second Best
Mixed Use
$116.3K
$101.8K – $135.7K
NOI $8,141 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$152.9K
$133.8K – $178.4K
NOI $10,704 @ 7.0% cap · market cap 3.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,370
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial Activity Center zoning supports office, retail, service, or redevelopment uses.
Where is this mixed-use property located?
The property is located at 1322 Gadsden St Columbia, SC.
What is the asking price?
The asking price for this property is $282,500.
What are key features of this property?
This property features: Commercial Activity Center (CAC) zoning; Built in 1929; Located at 1322 Gadsden St, Columbia, SC 29201
