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    925 Park St Columbia, SC 29201

    Sponsored
    For Sale
    Contact for pricing

    Historic Columbia building, redevelopment opportunity.

    Property size:
    12,170 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 925 Gervais St. & 1217 Park St. in Columbia, South Carolina, presents a compelling redevelopment opportunity. The 12,170 square foot building, classified as Class B, features two stories. The first floor is currently configured for restaurant/retail use, while the second floor provides executive office space. The property sits on a 0.5-acre lot and includes a separate 0.5-acre parking lot at 1217 Park St., offering 63 existing parking spaces with potential for expansion up to 100 spaces. The property benefits from a Regional Activity Center zoning designation by the City of Columbia, and is situated within the City Center Design Overlay District. A Bailey Bill is in place with approximately 15 years remaining. Its prime location in the heart of The Vista provides convenient access to the Central Business District, the University of South Carolina campus, and a vibrant array of restaurants and bars. This property is ideal for investors seeking a mixed-use, multi-family, or hotel development project in a high-demand area. The existing building and ample parking provide a solid foundation for a variety of exciting redevelopment possibilities. The zip code is 29201, and the property is located in Richland County.

    Property Features for 925 Park St

    General Information

    Property type
    Restaurants
    Square Feet
    12,170 SF
    Class
    B
    Lot Size
    21,780 SF

    Building Details

    Stories
    2

    HighLights

    • Prime redevelopment opportunity in Vista, Columbia.
    • 12,170 SF building at 925 Gervais Street.
    • Two‑story building: ground floor restaurant/retail, second floor office.
    • Existing Bailey Bill incentive with ~15 years remaining.
    • Walkable to Columbia's CBD, USC, and numerous amenities.
    • ±0.5‑acre parking lot at 1217 Park Street with 63 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -81.037654
    Latitude
    34.000999

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    FAQs

    What type of property is this?
    Restaurant - Historic Columbia building, redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 925 Park St Columbia, SC.
    What are key features of this property?
    This property features: Prime redevelopment opportunity in Vista, Columbia.; 12,170 SF building at 925 Gervais Street.; Two-story building: ground floor restaurant/retail, second floor office.
    Request Owner's contact information
    925 Park St Columbia, SC 29201
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    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
    925 Park St Columbia, SC 29201
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