Property profile

1604 Westminster Dr Columbia, SC 29204

OFF-MARKET
Commercial real estate
Property ID
US77-0488189
8,880 SF Built 1950
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8,880 square foot, two-story office building at 1604 Westminster Drive in Columbia, South Carolina, presents a unique investment opportunity. Located in Richland County (APN 11412-02-29), this Class C building, constructed in 1950 and fully renovated in 2024, offers multiple tenancy options ranging from 579 to 2,498 contiguous square feet, with a total of five suites available. Currently, 5,871 square feet are vacant, providing a blank canvas for customization. The building boasts a 0.43 FAR and sits on a 0.47-acre lot, zoned C-3. Ample parking is provided with 50 spaces. Its prime location offers easy access to major thoroughfares, including Forest Drive, placing it within a half-mile radius of MUSC Health-Downtown Hospital. Furthermore, its proximity to Forest Acres, the Central Business District (CBD), the Bull Street redevelopment project, and the Richland Mall mixed-use development enhances its appeal and potential for growth. The building is anchored by Physicians Footcare, providing immediate credibility and visibility. This is an ideal opportunity for businesses seeking a modern, adaptable space in a thriving location. The building's recent renovation ensures a move-in ready condition, allowing tenants to design their space to meet their specific needs.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction FRAME
Total area 8,880 SF
Zoning code RM-2
APN R11412-02-29
UPID US77-0488189

Cap rate & NOI

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

Location

1604 Westminster Dr Columbia, SC 29204
Columbia metro Census 1100 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$664k
Blend (final) Blend
$665k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2021
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

RM-2 · Columbia, SC
Zoning description

Two-Family - Mill Village District ................................................. 3-18 (j) RM-1: Residential Mixed District ................................................................................. 3-20 (k) RM…

General category RESIDENTIAL
Top alternative use upside
Office building $1.0M +55.2%
Retail stores $980,000 +47.7%

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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