Downtown Office Condos
For Sale
Contact for pricing
2757 Laurel St, Columbia, SC 29204
Four occupied office condos total 5,528 SF, with on-site parking and OI zoning.
Property Size5,528 SF
Lot Size0.55 Acres
Price / SF$176.37
Days on Market284
Property Features for 2757 Laurel St
General Information
Standard status
Active
Size
5,528 SF
Total Parking Spaces
35
Lot size
0.55 Acres
Property subtype
OFFICE
Zoning
OI
Additional Details
Office Units
4
Building Details
Year Built
1967
Listing Agency:
DeWees Real Estate Group
(803) 807-1029
Listed By:
Niles Helmboldt · License #117454
(803) 807-1029
Source:
Moodyscre
Added: Oct 22, 2025
Changed: Jul 26
Last Checked: Jul 31 at 9:04AM
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
Investment Insights
Based on property information with market context.
This downtown office condo building consists of four separate units totaling 5,528 SF. Each condo is an individual office space, and the property was built in 1967. At the time of sale, all condos are currently occupied, with two leased at closing and two expected to be vacant; lease details are available through the agent. There is also the potential to convert the property to a single 5,528 SF office/medical building.
The property is located downtown next to MUSC and is zoned OI (Office Institutional). It includes approximately 35 on-site parking spaces.
The building is offered as an owner-user or investment opportunity, with the mix of leased and vacant condos supporting flexibility for the next tenant or owner.
The property is located downtown next to MUSC and is zoned OI (Office Institutional). It includes approximately 35 on-site parking spaces.
The building is offered as an owner-user or investment opportunity, with the mix of leased and vacant condos supporting flexibility for the next tenant or owner.
Key Highlights
- Four office condo units totaling 5,528 SF (1,382 SF each) in a single building
- OI (Office Institutional) zoning; built in 1967
- Downtown location next to MUSC
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 | $106.1k | $19.20 |
| − Vacancy | −$18.6k | −$3.36 |
| EGI | $87.6k | $15.84 |
| − OpEx | −$21.9k | −$3.96 |
| NOI | $65.7k | $11.88 |
5,528 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$938.2K
$820.9K – $1.09M
NOI $65,673 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,285 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
Explore this area
Business Placement
Demographics for 29204, SC
18,059
Population
8,687
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
2,822
Density / Sq Mi
$49,745
Median Household Income
$32,288
Median Earnings
$993
Median Rent
$185,800
Median Home Value
Market
Vacancy Rate% for Office in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Four occupied office condos total 5,528 SF, with on-site parking and OI zoning.
Where is this office units located?
The property is located at 2757 Laurel St Columbia, SC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four office condo units totaling 5,528 SF (1,382 SF each) in a single building; OI (Office Institutional) zoning; built in 1967; Downtown location next to MUSC
