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700 Gervais St Columbia, SC 29201

OFF-MARKET Retail properties & Spaces Google Maps
52,857 SF 8.7 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 52,857 SF
Lot 8.7 ac (378,972 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Garden Center
  • Resort
  • Physician Medical Clinic
  • Real Estate Agency
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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