Furnished Class B Office
For Sale
Contact for pricing
1905 Gadsden St, Columbia, SC 29201
Furnished office layout includes private rooms, conference space, production area, break room, and restrooms.
Property Size2,350 SF
Price / SF$212.34
Days on Market455
Property Features for 1905 Gadsden St
General Information
Standard status
Active
Size
2,350 SF
Class
Class B
Total Parking Spaces
12
Property subtype
OFFICE
Zoning
C-1
Additional Details
Furnished
Yes
Asking Price
$499,000
Amenities
Lobby /reception area
large conference
large production area
break room
bath rooms
Building Details
Buildings
1
Building Size
2,350 SF
Construction
brick & steel
Listing Agency:
Mabry Commercial Properties
(803) 779-3555
Listed By:
Hank Mabry
(803) 730-4915
Source:
Moodyscre
Added: Jul 21, 2025
Changed: Oct 4
Last Checked: Oct 16 at 10:07AM
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 Mabry Commercial Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,350-square-foot Class B office property at 1905 Gadsden St features a furnished interior with three offices, a reception lobby, a conference room, production space, break room, and bathrooms. The open-plan arrangement is housed in a brick-and-steel building and includes 12 on-site parking spaces.
The property carries C-1 zoning and is positioned in downtown Columbia. The Governor’s Mansion is directly opposite the building, while professional offices and the Federal Courthouse are nearby.
The property carries C-1 zoning and is positioned in downtown Columbia. The Governor’s Mansion is directly opposite the building, while professional offices and the Federal Courthouse are nearby.
Key Highlights
- 2,350 SF Class B office building
- Furnished layout with 3 offices, lobby, conference room, production area, break room, and bathrooms
- 12 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,918
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,360
$558.4K
Cap Rate 7%
$398,829
$398.8K
Cap Rate 9%
$310,200
$310.2K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$45.1K $19.20/SF
− Vacancy
−$7.9K −$3.36/SF
EGI
$37.2K $15.84/SF
− OpEx
−$9.3K −$3.96/SF
NOI
$27.9K $11.88/SF
Area
Columbia, SC
Vacancy
17.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,360
Cap Rate 7%
$398,829
Cap Rate 9%
$310,200
Alternative Uses
Best Use
Office B
$398.8K
$349.0K – $465.3K
NOI $27,918 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$578.7K
$506.3K – $675.1K
NOI $40,506 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,115
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - Furnished office layout includes private rooms, conference space, production area, break room, and restrooms.
Where is this office building located?
The property is located at 1905 Gadsden St Columbia, SC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,350 SF Class B office building; Furnished layout with 3 offices, lobby, conference room, production area, break room, and bathrooms; 12 on‑site parking spaces
