Unique Office Building Near
For Sale
Contact for pricing
1501 Park St, Columbia, SC
Distinctive office building featuring an auditorium and two-story atrium.
Property Size18,064 SF
Lot Size0.68 Acres
Price / SF$235.27
Days on Market356
Property Features for 1501 Park St
General Information
Standard status
Active
Size
18,064 SF
Lot size
0.68 Acres
Property subtype
OFFICE
Listing Agency:
Trinity Partners | Columbia
(803) 567-1455
Listed By:
Roger Winn, SIOR · License #136374
(803) 567-1455
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:22AM
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 Trinity Partners | Columbia
Investment Insights
Based on property information with market context.
This uniquely designed office building features a lobby with a two-story atrium and a large auditorium. The property includes private offices and conference rooms. It is located within walking distance of the Central Business District (CBD) and the Vista.
Key Highlights
- Walkable to CBD & Vista
- Features a large auditorium
- Uniquely designed building
Financial Insights For Office B
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 | $346.8k | $19.20 |
| − Vacancy | −$60.7k | −$3.36 |
| EGI | $286.1k | $15.84 |
| − OpEx | −$71.5k | −$3.96 |
| NOI | $214.6k | $11.88 |
18,064 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.07M
$2.68M – $3.58M
NOI $214,600 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.45M
$3.89M – $5.19M
NOI $311,366 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,304
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Distinctive office building featuring an auditorium and two-story atrium.
Where is this office building located?
The property is located at 1501 Park St Columbia, SC.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Walkable to CBD & Vista; Features a large auditorium; Uniquely designed building