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Office Building For Sale
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Pending

2009 Park Street, Columbia, SC 29201

6,340 SF office building for sale.

Property Size6,340 SF
Days on Market149

Property Features for 2009 Park Street

General Information

Standard status Pending
Size 6,340 SF
Property subtype Office
Zoning O-I (Office and Institutional District) and OV-DC (Downtown Columbia Overlay District)

Building Details

Tenancy Single
Listing Agency: NAI Columbia
Listed By: Patrick Chambers · License #SC 51814
Source: Crexi
Added: May 12 Changed: Sep 27 Last Checked: Oct 5 at 4:18PM

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 NAI Columbia

Investment Insights

Based on property information with market context.

A 6,340± SF office building is available for sale. Currently occupied by the South Carolina Bankers Association, the property will be available by year-end 2026, as the association is relocating.

Key Highlights

  • 6,340± SF office building for sale
  • Current location of South Carolina Bankers Association
  • South Carolina Bankers Association relocating by year‑end 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,319
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,380 $1.5M
Cap Rate 7%
$1,075,986 $1.1M
Cap Rate 9%
$836,878 $836.9K
Market Conditions
NOI Build-Up for 6,340 SF
Gross rent
$121.7K $19.20/SF
− Vacancy
−$21.3K −$3.36/SF
EGI
$100.4K $15.84/SF
− OpEx
−$25.1K −$3.96/SF
NOI
$75.3K $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%
$1,506,380
Cap Rate 7%
$1,075,986
Cap Rate 9%
$836,878

Alternative Uses

Best Use
Office B
$1.08M
$941.5K – $1.26M (±1% cap)
NOI $75,319 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,281 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

South Carolina Bankers ... Association / Organization

Suggested Use

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

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

2,741
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
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

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 building - 6,340 SF office building for sale.
Where is this office building located?
The property is located at 2009 Park Street Columbia, SC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 6,340± SF office building for sale; Current location of South Carolina Bankers Association; South Carolina Bankers Association relocating by year‑end 2026
(803) 254-0100 Call to check price and availability
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