Mixed-Use Condo with Salon
1920 Bull St Ste B, Columbia, SC 29201
For Sale
Contact for pricing
A 2022 renovation updated a salon-configured suite with styling, wash, kitchen, office, and restroom areas.
Property Size1,264 SF
Price / SF$229.43
Days on Market21
Property Features for 1920 Bull St Ste B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Asking Price
Building Details
Year Built
Year Renovated
Listing Agency:
DeWees Real Estate Group
Listed By:
Niles Helmboldt · License #117454
(803) 807-1029
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:15PM
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 DeWees Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,264-square-foot commercial condo was built in 1954 and renovated in 2022. Its current salon arrangement includes two styling rooms, a separate hair-washing room, a kitchen, an office, and three restrooms. The layout combines customer-facing and support areas within one unit.
At 1920 Bull St, Ste B, in Columbia, the property has City of Columbia NAC zoning, which permits a range of commercial and residential uses. Sixteen shared parking spaces are available on site. The salon setup and zoning are established features of the property.
At 1920 Bull St, Ste B, in Columbia, the property has City of Columbia NAC zoning, which permits a range of commercial and residential uses. Sixteen shared parking spaces are available on site. The salon setup and zoning are established features of the property.
Key Highlights
- 1,264‑square‑foot commercial condo
- Renovated in 2022; originally built in 1954
- Salon layout includes two styling rooms and a dedicated hair‑washing room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,965
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,300
$359.3K
Cap Rate 7%
$256,643
$256.6K
Cap Rate 9%
$199,611
$199.6K
Market Conditions
NOI Build-Up for 1,264 SF
Gross rent
$27.3K $21.60/SF
− Vacancy
−$1.6K −$1.30/SF
EGI
$25.7K $20.30/SF
− OpEx
−$7.7K −$6.09/SF
NOI
$18.0K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,300
Cap Rate 7%
$256,643
Cap Rate 9%
$199,611
Alternative Uses
Best Use
Retail
$256.6K
$224.6K – $299.4K
NOI $17,965 @ 7.0% cap · market cap 6.19%
Second Best
Mixed Use
$236.7K
$207.1K – $276.2K
NOI $16,571 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$311.2K
$272.3K – $363.1K
NOI $21,787 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,660
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Apparel 17%
Shops & Services 12%
McDonald's
Dining
33,506 visits/mo
0.5 miles
Starbucks
Dining
23,521 visits/mo
0.4 miles
REI
Apparel
14,715 visits/mo
0.5 miles
Dollar General
Shops & Services
7,651 visits/mo
0.4 miles
SUBWAY
Dining
3,239 visits/mo
0.4 miles
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 Retail in Columbia, SC
Frequently Asked Questions
What type of property is this?
Mixed-use property - A 2022 renovation updated a salon-configured suite with styling, wash, kitchen, office, and restroom areas.
Where is this mixed-use property located?
The property is located at 1920 Bull St Ste B Columbia, SC.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,264‑square‑foot commercial condo; Renovated in 2022; originally built in 1954; Salon layout includes two styling rooms and a dedicated hair‑washing room
