1929 Marion St Columbia, SC 29201-2517

Property Details for 1929 Marion St

Year built

1930

Construction

FRAME

Property size

3,276 SF

Zone code

C-1

Property type

Commercial real estate

APN

R09015-04-05

APU

R090150405

Description

This exceptional 3,000 square foot office building, located at 1929 Marion Street in Columbia, South Carolina, presents a unique investment opportunity. Situated on a 0.12-acre lot, the property boasts a strong, existing tenant—Clear Dot Charter School—with a lease extending until March 2027. This provides immediate and consistent rental income with minimal risk. A significant advantage of this property is the current absence of Richland County property taxes. The only tax/expense associated with the property is a nominal assessment for city center partnership fees, making this an exceptionally low-cost investment. The building's convenient location offers easy access to various amenities. While the property itself does not include dedicated parking, ample lease parking options are readily available in the immediate vicinity. Furthermore, there is plenty of metered street parking directly adjacent to the building, ensuring convenient access for both tenants and visitors. This combination of a long-term lease, minimal tax burden, and excellent location makes this a highly attractive investment opportunity in the thriving Columbia market. The asking price for this property is $399,000. This represents a compelling return on investment given the current market conditions and the long-term lease in place.