305 E Arch St - Light Distribution FOR SALE


Lancaster, SC 29720
$250,000 USD
803-283-3355
305 E Arch St, Lancaster, SC for Sale
$250,000 USD
Light Distribution - FOR SALE
1/11
null | Request Cap Rate

305 E Arch St
Lancaster, SC 29720


HIGHLIGHTS

  • Flexible layout suitable for multiple commercial uses with residential conversion potential
  • Rear fenced parking lot offering extensive secured onsite parking
  • Former “HOPE in Lancaster” facility with existing sink and dishwasher infrastructure
  • Located within a Neighborhood Commercial district supporting diverse uses

OVERVIEW

This versatile flex property in Lancaster, South Carolina offers an exceptional opportunity for users or investors seeking a well-located, adaptable building with both commercial and residential redevelopment appeal. Situated within a Neighborhood Commercial zoning district, the asset supports a variety of business uses while simultaneously presenting a rare chance for residential conversion in a growing community environment. The existing layout is efficient and functional, benefitting from previous use as the long-standing location for “HOPE in Lancaster.” Basic infrastructure, including a dishwasher and sink, is already in place, providing a convenient foundation for office, service, or light-retail occupancy. The building’s footprint allows future tenants or owners to easily configure the space to meet operational needs. A standout feature of this property is the generous rear parking area, fully fenced and ideal for secured employee parking, customer overflow, service vehicles, or outdoor storage depending on future use. This level of onsite parking is difficult to find in comparable small-format buildings and adds meaningful utility for a wide range of business models. Lancaster continues to experience steady residential and commercial growth driven by its proximity to the Charlotte metro, expanding population base, and favorable business climate. This location positions the property well for an investor or owner-user looking to capitalize on long-term demand and the opportunity to reposition the asset creatively. Whether maintained as a flexible commercial suite or redeveloped into residential living, the property’s size, layout, and zoning alignment make it a compelling and adaptable offering within the Lancaster market.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

B-2

APN/PARCEL ID

0068O-0L-002.00

ASK ABOUT THIS PROPERTY

Frank RobertsonHoward Hanna Allen Tate Real EstateMore Info
803-283-3355

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Frank RobertsonHoward Hanna Allen Tate Real EstateMore Info
803-283-3355

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