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    700 Gervais St Columbia, SC 29201

    For Lease
    $25 SF/Yr

    Prime Downtown Columbia location, ±4,263 SF available.

    Lot size:
    52,857 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This ±4,263 square foot former bar/restaurant space presents a unique opportunity in Columbia's vibrant Vista district. Located at 700 Gervais St., Suite B, this property boasts a prime location within a thriving entertainment hub featuring diverse dining options, museums, hotels, and art galleries showcasing both international and local artists. The space is ideally suited for a variety of retail or restaurant uses, offering immediate access to a large and diverse customer base. The property includes a 1,000-gallon grease trap, a significant asset for food service businesses. Its strategic location offers easy access to the Central Business District, the State Capitol complex, and the University of South Carolina, with its 36,000+ student population. The property sits on an 8.72-acre lot, zoned M-1, and is adjacent to the Columbia Convention Center, further enhancing its visibility and accessibility. The total building size is 52,857 square feet, with ±4,263 square feet currently vacant and available for lease as a contiguous space. This location offers unparalleled exposure to a high volume of foot traffic and vehicular traffic, making it an ideal location for a business seeking high visibility and a strong customer base in a dynamic and growing urban environment. The Richland County location provides access to a diverse population and a strong local economy. This is a rare opportunity to establish a business in one of Columbia's most sought-after locations.

    Property Features for 700 Gervais St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,857 SF
    Total Rate
    110118.75

    Unit(s) available at that property

    Space
    Suite B
    Size
    4,263 SF
    Rate per SF
    $25

    HighLights

    • ±4,263 SF former bar/restaurant space available for lease.
    • Located in Columbia's Vista entertainment district.
    • Features a 1,000‑gallon grease trap.
    • Adjacent to the Columbia Convention Center and near the University of South Carolina and the Central Business District.
    • Total building size: 52,857 SF; 8.72‑acre lot; M‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pest Animal Removal ... Pest Control Service Craft Axe Throwing Tourist Attraction John H. Moore, ... Gynecologist Petie Bradley, Realtor Real Estate Agency Trapp Insurance Services Insurance Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.040324058877
    Latitude
    33.999118991374

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Columbia location, ±4,263 SF available.
    Where is this restaurant located?
    The property is located at 700 Gervais St Columbia, SC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: ±4,263 SF former bar/restaurant space available for lease.; Located in Columbia's Vista entertainment district.; Features a 1,000-gallon grease trap.
    Request Owner's contact information
    700 Gervais St Columbia, SC 29201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Gervais St Columbia, SC 29201
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