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Renovated Office Suite with Parking
For Sale
$538,000

1608 Taylor Street, Columbia, SC 29201

Move-in ready renovated office suite with an open layout, reception lobby, and dedicated workstations.

Property Size1,830 SF
Price / SF$293.99
Days on Market122

Property Features for 1608 Taylor Street

General Information

Standard status Active
Size 1,830 SF
Property subtype General Commercial

Building Details

Year Built 1948
Listing Agency: Yip Premier Real Estate LLC
Listed By: Nicole Johnson · License #87440
Source: Xome
Added: Apr 6 Changed: Jul 10 Last Checked: Aug 5 at 4:00AM

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 Yip Premier Real Estate LLC

Investment Insights

Based on property information with market context.

This renovated office suite offers a flexible, efficient work environment with an open floor plan and a reception area/lobby. The space is designed for day-to-day operations, including work stations, a main office, and a combined breakroom/conference room. The property is presented move-in ready, and signage can be installed to support brand visibility.

Located in the heart of Columbia, the suite provides convenient access for staff and visitors. Ample street parking is available to support ongoing customer and employee traffic.

With its reception/lobby entry and multiple work zones, the layout is well suited to professional teams that need both collaboration and private focus time. The presence of a main office and breakroom/conference room supports day-to-day meetings and internal use while maintaining an organized, functional flow throughout the suite.

Key Highlights

  • Fully renovated, move‑in ready office space in the heart of Columbia
  • Open floor plan with reception/lobby area, workstations, main office, and breakroom/conference room
  • Central air cooling and heating system included

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 $35.1k $19.20
− Vacancy −$6.1k −$3.36
EGI $29.0k $15.84
− OpEx −$7.2k −$3.96
NOI $21.7k $11.88
1,830 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$310.6K
$271.8K – $362.3K (±1% cap)
NOI $21,740 @ 7.0% cap · market cap 4.04%
Second Best
no second resolved use
Theoretical Best
Office A
$450.6K
$394.3K – $525.7K (±1% cap)
NOI $31,543 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Coleman Group Business Management Consultant Yip Property Management ... Property Management Company Yip Premier Real ... Real Estate Agency Karen Yip, Yip ... Real Estate Agency Jim Herndon, Yip ... Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,432
Businesses Nearby

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

18.6% 2020
11.6% 2021
9.7% 2022
7.4% 2023
7.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready renovated office suite with an open layout, reception lobby, and dedicated workstations.
Where is this office units located?
The property is located at 1608 Taylor Street Columbia, SC.
What is the asking price?
The asking price for this property is $538,000.
What are key features of this property?
This property features: Fully renovated, move‑in ready office space in the heart of Columbia; Open floor plan with reception/lobby area, workstations, main office, and breakroom/conference room; Central air cooling and heating system included
More about this property
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