Live-Work
For Sale
$299,900
1520 Main Street 1-C, Columbia, SC 29201
COMMERCIAL/INDUSTRIAL, Columbia, SC
Property Size864 SF
Price / SF$347.11
Days on Market48
Property Features for 1520 Main Street 1-C
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-5
Parking
1
Directions
1520 Main Street 1C. Park on the street. CMLS lock box is on the front door of 1C Main Street
Subdivision
City of Columbia, Denny terrace, Lake Elizabeth
Standard status
Active
Size
864 SF
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Listing Agency:
Landmark Resources LLC
(803) 988-0097
Listed By:
Laura Nichols · License #21521
(803) 998-0097
Added: Aug 21
Changed: Oct 5
Last Checked: Oct 7 at 3:06AM
MLS# 641372
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 864-square-foot live-work condominium at 1520 Main Street includes central air and one reserved space in a parking garage. The property is zoned C-5 and is configured for both residential and business use.
The address is across Main Street from the Columbia Art Museum. The Nickelodeon Theatre, the South Carolina State Capitol, and Soda City Market are also identified nearby.
The address is across Main Street from the Columbia Art Museum. The Nickelodeon Theatre, the South Carolina State Capitol, and Soda City Market are also identified nearby.
Key Highlights
- 864‑square‑foot live‑work condominium
- C‑5 zoning
- Central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,327
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,540
$226.5K
Cap Rate 7%
$161,814
$161.8K
Cap Rate 9%
$125,856
$125.9K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$19.7K $22.80/SF
− Vacancy
−$1.6K −$1.82/SF
EGI
$18.1K $20.98/SF
− OpEx
−$6.8K −$7.87/SF
NOI
$11.3K $13.11/SF
Area
Columbia, SC
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,540
Cap Rate 7%
$161,814
Cap Rate 9%
$125,856
Alternative Uses
Best Use
Mixed Use
$161.8K
$141.6K – $188.8K
NOI $11,327 @ 7.0% cap · market cap 3.78%
Second Best
Office B
$146.6K
$128.3K – $171.1K
NOI $10,264 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$212.8K
$186.2K – $248.2K
NOI $14,893 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,638
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
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
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Frequently Asked Questions
What type of property is this?
Live-work space - The condominium combines residential and business use, with central air and a reserved garage parking space.
Where is this live-work space located?
The property is located at 1520 Main Street 1-C Columbia, SC.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 864‑square‑foot live‑work condominium; C‑5 zoning; Central air
