1022 Calhoun St, Columbia, SC 29201

We are pleased to present the opportunity to acquire 1022 Calhoun Street, a 15,238-square-foot multi-tenant office building located in Columbia, South Carolina. Situated within a well-established commercial corridor near the city’s government, professional, and healthcare employment centers, the property offers investors or owner-users the opportunity to acquire a functional office asset at a discount to the recent appraised value of $2.9 million.

The offering is particularly attractive given that the property is being marketed below its recent appraised value, providing immediate value support and upside potential for a new owner. The building also presents an excellent opportunity for an owner-occupant seeking long-term real estate ownership while benefiting from existing rental income that offsets operating costs.

The property totals 15,238 square feet and is approximately 72% leased, allowing a future owner flexibility to occupy space while maintaining income from existing tenants. The building is supported by 68 on-site parking spaces, including 30 covered spaces, providing a strong parking ratio that enhances functionality for office, professional service, and medical users. This structure provides the ability to control occupancy costs, capture future appreciation, and avoid the time and capital required for ground-up development or build-to-suit construction.

A key component of the rent roll is ABS Kids (Alternative Behavior Strategies), a nationally recognized provider of behavioral health and autism therapy services. The tenant occupies approximately 6,934 square feet and operates under a long-term lease with scheduled rental escalations, providing stability and credibility to the property’s income stream. Additional tenancy includes professional and service-oriented users consistent with the building’s layout and location, contributing to diversified rental income while maintaining flexibility for future leasing or owner occupancy.

The building benefits from its central Columbia location, strong visibility along Calhoun Street, and proximity to downtown government offices, professional services, and healthcare facilities. Notably, the property is located just one block from the United States District Court for the District of South Carolina, positioning it as an attractive location for law firms and legal service providers seeking immediate proximity to the federal courthouse.

The combination of value-oriented pricing, stable in-place income, and owner-user potential creates a rare opportunity to acquire a functional office asset with multiple pathways for long-term value creation.