Columbia Industrial Park Opportunity

1101 First St. South Columbia , SC 29209

FOR SALE
Property Type:
Warehouse
Amount:
$3,900,000
Last Verified:
Jun 07, 2019

Highlights

  • Established Industrial Park location in Richland County, all municipal utilities
  • ±0.7 miles to I-77
  • ±5.5 miles to I-26
  • ±5.8 miles to Downtown Columbia
  • ±98 miles to Charlotte
  • ±112 miles to Greenville/Spartanburg
  • ±113 miles to Port of Charleston

Description

SVN | BlackStream, LLC is pleased to present For Sale this block and brick steel frame ±108,300 SF building with a built-up roof and sealed flooring within the Columbia Industrial Park in Richland County. The property floor plan consists of approximately 70% warehouse (±79,260 SF) and 30% office (±33,968 SF) on a total lot size of ±6 acres (±41% FAR). The property boasts ±2.63 acres of fenced yard space with two locations of ingress/egress, 11 dock high doors, 277-480v 3p heavy power, heating and cooling systems in 100% of the facility, fluorescent lighting throughout, and 100% coverage wet sprinkler system. The building supports single-tenant occupancy, however, it is currently partitioned to support multi-tenant occupancy, and has entrances, parking, and bathrooms for each side of the building. The majority of office space and suites within the building have heavy glass accents and atrium style ceilings with the ability to visually monitor loading docks.

Located just off of I-77 (±0.7 miles away), the property is conveniently situated near the entrance of the Columbia Industrial Park at the corner of 1st Ave. & 1st St. South, ±3.2 miles directly south of Williams-Brice Stadium and only ±5.5 miles from I-26. The property's above-average logistical positioning in an established park makes it an ideal distribution services/light manufacturing location for the surrounding Charleston (±113 miles) , Columbia, Charlotte (±98 miles) and Greenville/Spartanburg (±112 miles) metropolitan areas of over ±5.024 million people.

*The information contained herein was obtained by sources deemed to be reliable. However, BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.


Year Built: 1965
Building Size: 108300.0sq ft
Lot Size: 6.0 acres

Map of 1101 First St. South, Columbia , SC, 29209

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.