1801 Assembly St
Columbia, SC 29201
Property For Lease

This ±91,000 SF retro mid-century building is located on the highly-trafficked Assembly Street (19,900 VPD). This building is just one block off Columbia’s thriving main street redevelopment district in the heart of Downtown, close to major highway access, the state capital complex, the Governor’s mansion and Columbia Chamber of Commerce, and the University of SC. Its corner location and L-shaped design offers an extraordinarily high ratio of windows and natural like on all four sides of the building. This property is strategically located on the highest point in Columbia offering sweeping views of the city skyline and adjacent ±14 acre park. The large multi-level roof top features a 360 degree view of Downtown Columbia and surrounding areas, making it a great development opportunity for bar, dining, events, and entertainment. The building has been unused for over 5 years which qualifies the building for Abandoned Building Tax Credits. The building’s age and significance qualifies it for the Historic Building Tax Credits and Bailey Bill tax abatements. This building is eligible for the following: Federal Historic Tax credit 20% Uncapped State Historic Tax credit 10-25% Uncapped Abandoned Building Tax Credit 25% (Payable in $500k per unit of a $2M spend). Bailey Bill Tax Incentives - Locks in purchase price for tax assessment for 20 years