116 W Arch St - Retail FOR SALE


Lancaster, SC 29720
$575,000 USD
704-942-0983
116 W Arch St, Lancaster, SC for Sale
$575,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

116 W Arch St
Lancaster, SC 29720


HIGHLIGHTS

  • 10,000+ daily passing vehicles and walkable access to shops, restaurants, and services
  • This commercial property in downtown Lancaster offers a versatile blank canvas for a rehabilitation or adaptive reuse project

OVERVIEW

This easily accessible location is the perfect site for a new investment, sitting just off Highway 521 and five minutes from the intersection with Highway 9. This confluence is the primary retail node of the region, placing businesses at the subject properties with convenient proximity to national retailers, including Belk, CVS, Food Lion, Aldi, Arby’s, Bojangles, and many more. The walkable streets of downtown Lancaster also provide convenient proximity to popular local restaurants, boutique shops, and vital local infrastructure, including the Lancaster County Administration Building and the Lancaster County Courthouse. These underutilized properties are well-known fixtures of the downtown area, seen by more than 10,000 vehicles passing on the surrounding streets each day.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

CITY : City of Lancaster

APN/PARCEL ID

0068P-0Y-008.00

ASK ABOUT THIS PROPERTY

Morgan HamerNewLeaf Brokerage, LLCMore Info
704-942-0983

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Morgan HamerNewLeaf Brokerage, LLCMore Info
704-942-0983

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.