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Office Building with Deeded Parking
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1812 Lincoln St, Columbia, SC 29201

Downtown Columbia office building with deeded parking in an attached garage and recent roof and HVAC updates.

Property Size30,000 SF
Price / SF$173.33
Days on Market495

Property Features for 1812 Lincoln St

General Information

Standard status Active
Size 30,000 SF
Total Parking Spaces 95
Property subtype OFFICE

Amenities

views of downtown skyline and Finlay Park
adjacent to Governor's Mansion
walking access to county and federal courthouses

Building Details

Buildings 1
Building Size 30,000 SF
Listing Agency: Colliers | Columbia
Listed By: Tommy Johnson, SIOR · License #130345
Source: Moodyscre
Added: Mar 24, 2025 Changed: Jul 29 Last Checked: Jul 30 at 10:52AM

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 Colliers | Columbia

Investment Insights

Based on property information with market context.

1812 Lincoln Street is a 30,000 SF office building available for sale and leasing. The building offers 1,303 SF to 1,940 SF first-floor suites, with flexible options for office tenants seeking space on the main level.

The property is in Downtown Columbia with views of the downtown skyline and Finlay Park. It’s adjacent to the Governor’s Mansion and within convenient walking access to county and federal courthouses. An attached garage provides 95 deeded parking spaces at no extra cost.

The building is well-maintained by the homeowners’ association (HOA). Recent updates include the roof and the HVAC system, supporting a strong day-to-day operating base for prospective tenants and owners.

Key Highlights

  • 30,000 SF office building available for sale and leasing
  • 1,303 SF to 1,940 SF first‑floor suites
  • 95 deeded parking spaces in an attached garage at no extra cost

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 $576.0k $19.20
− Vacancy −$100.8k −$3.36
EGI $475.2k $15.84
− OpEx −$118.8k −$3.96
NOI $356.4k $11.88
30,000 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$5.09M
$4.46M – $5.94M (±1% cap)
NOI $356,400 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.39M
$6.46M – $8.62M (±1% cap)
NOI $517,104 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Callison Tighe Law Firm Lang Louis H Law Firm Ewing David L Law Firm JHS Architecture Architect Koutrakos Demetri K Law Firm

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Tanning Salon

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

4,558
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown Columbia office building with deeded parking in an attached garage and recent roof and HVAC updates.
Where is this office building located?
The property is located at 1812 Lincoln St Columbia, SC.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 30,000 SF office building available for sale and leasing; 1,303 SF to 1,940 SF first‑floor suites; 95 deeded parking spaces in an attached garage at no extra cost
(803) 206-4976 Call to check price and availability
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