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Former School | Repositioning Opportunity 3806 N Main St 21,690 SF Specialty Building Online Auction Sale Columbia, SC 29203
Matterport 3D Tours
Investment Highlights
- Formerly occupied by the Imagine Columbia Leadership Academy, with 17 classrooms, administrative offices, a kitchen, 10 restrooms, and a pickup lane.
- Endless repositioning potential with conversion opportunities for assisted living, office buildings, strip centers, or other specialty uses.
- Prime location in the heart of the Columbia metro area, situated near the Central Business District and Interstates 126 and 77.
- Highly visible North Main Street location with exposure to over 16,000 vehicles daily for increased visibility and brand recognition.
- Columbia serves as South Carolina's state capital and primary economic hub, with steady, long-term growth expected to continue into 2030.
- Positioned within a growing population of more than 395,000 residents, responsible for over $4.4 billion in annual consumer spending.
Executive Summary
Discover 3806 N Main Street, a 21,690-square-foot specialty property, formerly occupied by Imagine Columbia Leadership Academy, in Columbia, South Carolina. This is a compelling opportunity for investors and owner/users seeking a versatile asset in a high-growth Columbia suburb. The property will be delivered vacant, offering immediate availability and flexibility for repositioning or redevelopment. Situated on 2.046 acres, the building was designed to accommodate approximately 316 students across 17 classrooms. The facility has been certified by the South Carolina Office of School Facilities and features a spacious layout, including administrative offices, a kitchen, a lunchroom, 10 restrooms, a dedicated drop-off and pickup lane, and 45 parking spaces.
Strategically positioned in the heart of the Columbia metro area, the building benefits from direct frontage on North Main Street, with exposure to more than 16,000 vehicles daily. The site offers convenient access via North Main Street, with an additional rear gate that exits onto Marsteller Drive, providing seamless ingress and egress. 3806 N Main Street delivers access to Interstates 126 and 77, offering seamless connectivity to the Central Business District just minutes away. This highly visible location is surrounded by a dense and growing population of more than 395,000 residents and is situated within a highly affluent trade area, responsible for over $4.4 billion in annual consumer spending.
Columbia serves as South Carolina’s state capital and primary economic hub, and continues to support steady, long-term growth that has persisted since the 2010s. The local economy is anchored by state government, higher education, and healthcare, providing a stable employment base and consistent demand drivers. The area’s demographics skew younger than those of many Southeastern peer markets, driven by a large university population and an active military base, further enhancing the long-term viability of a variety of commercial uses. The property is located approximately 3 miles from Prisma Health Richland Hospital, 3.5 miles from the University of South Carolina, and 3.3 miles from the South Carolina State House, positioning it within proximity to major institutional anchors and employment centers.
With strong visibility, accessibility, and a retail presence from numerous national and local tenants, 3806 N Main Street is suitable for a wide range of uses. Potential repositioning opportunities include conversion to assisted living, office space, or a strip center, allowing investors to capitalize on the property’s existing infrastructure and its strategic location in a high-demand Columbia, South Carolina, submarket.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Strategically positioned in the heart of the Columbia metro area, the building benefits from direct frontage on North Main Street, with exposure to more than 16,000 vehicles daily. The site offers convenient access via North Main Street, with an additional rear gate that exits onto Marsteller Drive, providing seamless ingress and egress. 3806 N Main Street delivers access to Interstates 126 and 77, offering seamless connectivity to the Central Business District just minutes away. This highly visible location is surrounded by a dense and growing population of more than 395,000 residents and is situated within a highly affluent trade area, responsible for over $4.4 billion in annual consumer spending.
Columbia serves as South Carolina’s state capital and primary economic hub, and continues to support steady, long-term growth that has persisted since the 2010s. The local economy is anchored by state government, higher education, and healthcare, providing a stable employment base and consistent demand drivers. The area’s demographics skew younger than those of many Southeastern peer markets, driven by a large university population and an active military base, further enhancing the long-term viability of a variety of commercial uses. The property is located approximately 3 miles from Prisma Health Richland Hospital, 3.5 miles from the University of South Carolina, and 3.3 miles from the South Carolina State House, positioning it within proximity to major institutional anchors and employment centers.
With strong visibility, accessibility, and a retail presence from numerous national and local tenants, 3806 N Main Street is suitable for a wide range of uses. Potential repositioning opportunities include conversion to assisted living, office space, or a strip center, allowing investors to capitalize on the property’s existing infrastructure and its strategic location in a high-demand Columbia, South Carolina, submarket.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
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- Offering Memorandum
- Purchase Agreement
- Third Party Reports
Property Facts
| Sale Type | Investment | Building Size | 21,690 SF |
| Sale Condition | Auction Sale | No. Stories | 1 |
| Type of Ownership | Fee Simple | Year Built/Renovated | 1982/2008 |
| Property Type | Specialty | Parking Ratio | 2.66/1,000 SF |
| Property Subtype | School | Opportunity Zone |
Yes
|
| Building Class | B | Parcel Number | 09213-01-22 |
| Lot Size | 2.17 AC | ||
| Zoning | C-3 - Commercial | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 21,690 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1982/2008 |
| Parking Ratio | 2.66/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-3 - Commercial |
| Parcel Number | 09213-01-22 |
Amenities
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Sale Advisor
Sale Advisor
Todd Noel, Vice Chairman
Todd Noel, CCIM, serves as the national director of Colliers’ Education Advisory Group, the leading advisory group dedicated to the education industry.
He leads a national team of 25 education professionals who understand and represent the varied real estate needs of educational companies and occupiers of educational facilities across the country.
Todd has exceptional experience and demonstrated success in education-based real estate and has completed numerous assignments on behalf of local and national clients.
From charter schools to universities, he takes a strategic approach to address the unique considerations facing educational facilities. Todd provides strategies and services that strive to reduce occupancy costs, increase efficiency, and enhance enrollment.
Todd offers an integrated platform of services, including acquisitions, dispositions, identifying capital sources, site selection, portfolio planning, lease and sublease negotiations, lease restructuring, transaction and lease administration, construction and project management, strategic planning, and benchmarking.
He incorporates the highest standards of excellence and quality in his approach to serving each client and developed a reputation for delivering the most aggressive deal terms for his clients.
Todd has more than 23 years of commercial real estate experience, specializing in office, education properties and corporate tenant representation. Prior to joining Colliers, Todd was with Trammell Crow Company, CBRE and Insignia/ESG.
He leads a national team of 25 education professionals who understand and represent the varied real estate needs of educational companies and occupiers of educational facilities across the country.
Todd has exceptional experience and demonstrated success in education-based real estate and has completed numerous assignments on behalf of local and national clients.
From charter schools to universities, he takes a strategic approach to address the unique considerations facing educational facilities. Todd provides strategies and services that strive to reduce occupancy costs, increase efficiency, and enhance enrollment.
Todd offers an integrated platform of services, including acquisitions, dispositions, identifying capital sources, site selection, portfolio planning, lease and sublease negotiations, lease restructuring, transaction and lease administration, construction and project management, strategic planning, and benchmarking.
He incorporates the highest standards of excellence and quality in his approach to serving each client and developed a reputation for delivering the most aggressive deal terms for his clients.
Todd has more than 23 years of commercial real estate experience, specializing in office, education properties and corporate tenant representation. Prior to joining Colliers, Todd was with Trammell Crow Company, CBRE and Insignia/ESG.
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Former School | Repositioning Opportunity | 3806 N Main St
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