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Property profile & analytics

823 Gervais St Columbia, SC 29201-3167

  • Commercial real estate
  • 18,568 SF
  • 0.28 lot acres
OFF-MARKET
Value Estimations
$1,790,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US77-1037845
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Aumnio / (Bike/Boat/Book/etc) Store / Corporate Office
  • Blue Cactus Web Solutions / Marketing & Advertising / (Bike/Boat/Book/etc) Store
  • The Hollow / Restaurant
  • Dash Courier Services / Logistics Company / Freight Service
  • Fuel Your Photos / Marketing & Advertising

Property Details for 823 Gervais St

Year built
1950
Construction
FRAME
Lot size
0.28 lot acres
Property size
18,568 SF
Zone code
RAC
Property type
Commercial real estate
APN
R08916-01-19
APU
R089160119

Description

This fully leased, mixed-use building presents a compelling investment opportunity in Columbia, South Carolina's vibrant Vista district. Spanning approximately 18,568 square feet (16,712 net rentable square feet), this two-story property boasts a prime location within a thriving entertainment, dining, and retail area. The building, renovated in 2011, features high ceilings, large windows, and exposed brick and ductwork, creating a unique and attractive space for its tenants. Currently 100% occupied by three established businesses, this property offers immediate cash flow and strong potential for future appreciation. The building's M-1 zoning allows for a variety of uses, enhancing its long-term value. Situated on a 0.28-acre lot, the property benefits from convenient access to on-street parking and two nearby city parking garages. Its central location provides easy access to interstates, the Central Business District, the Columbia Metropolitan Convention Center, the SC State House, the National Advocacy Center, and the University of South Carolina. The surrounding area offers a wealth of cultural and entertainment options, including the Koger Center, EdVenture, the SC State Museum, and the Colonial Life Arena, attracting both residents and visitors. This is a rare opportunity to acquire a high-quality, fully leased asset in a dynamic and rapidly growing urban core. The asking price is $4,250,000.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,789,000
    Market price range: $1.00M - $2.86M
    AI Estimate
    $1,789,000
    Market price range: $1.00M - $2.86M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,790,000
    Current use
    OFFICE BUILDING
    $2,155,000
    Change: +20% Conversion: Easy
    RETAIL STORES
    $2,050,000
    Change: +15% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Columbia
County
Richland
State
South Carolina
Longitude
-81.0391
Latitude
34
CBSA code
17900
CBSA name
COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,753
$0.00
$0.00
$0.00
-
$0.00
$0.00
$455,900
More about this property
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