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Investment Opportunity, University Dr 4 Properties Offered at $1,589,875 CAD in Lancaster, SC

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INVESTMENT HIGHLIGHTS

  • Income-producing mix of office, industrial, retail, and self-storage assets
  • Located near University of South Carolina Lancaster and major retailers
  • Asking price of $1,150,000 with immediate cash flow and upside potential
  • ±11,664 SF self-storage facility with 48 units and 70% occupancy
  • Strong visibility and access via Highway 521 and Monroe Highway

EXECUTIVE SUMMARY

This dual-parcel investment opportunity at 979 and 987 University Drive in Lancaster, SC offers a compelling mix of income-producing assets across office, industrial, retail, and self-storage categories. Situated on a combined ±2.15 acres, the properties are strategically located near major retail corridors and benefit from proximity to the University of South Carolina Lancaster, Walmart, CVS, Aldi, and other national brands.
The 979 University Drive parcel spans ±1.81 acres and includes ±3,368 SF of office space, ±4,026 SF of industrial space, and five self-storage units. Additionally, a separate ±11,664 SF self-storage facility with 48 units is approximately 70% occupied, offering immediate cash flow and upside through lease-up. Current asking rent for available units is $75/month per unit, providing stable income with room for growth.
The adjacent 987 University Drive parcel covers ±0.34 acres and features a ±1,548 SF retail building, including a ±144 SF porch and ±1,440 SF finished interior. This space is tenant-occupied, contributing to the diversified revenue stream.
Located in a growing submarket of Lancaster County, the property benefits from strong traffic counts and visibility, with nearby access to Highway 521 and Monroe Highway. The area is supported by a mix of residential neighborhoods, retail centers, and educational institutions, making it attractive for continued commercial use or future redevelopment.
This offering is ideal for investors seeking a stabilized asset with multiple income channels and long-term appreciation potential in a dynamic South Carolina market.

PROPERTY FACTS

Price $1,589,875 CAD
Price / SF $78.70 CAD / SF
Sale Type Investment or Owner User
Status Under Contract
Number of Properties 4
Individually For Sale 0
Total Building Size 20,201 SF
Total Land Area 5.99 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
979 Industrial Building
979 University Dr, Lancaster, SC 29720
Industrial 4,026 SF 1985 -
979 University Dr, Lancaster, SC 29720 Office 2,963 SF 1976 -
987 University Dr, Lancaster, SC 29720 Retail 1,548 SF 1976 -
48 Units, Self Storage
979 University Dr, Lancaster, SC 29720
Specialty 11,664 SF 1976 -
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  • Listing ID: 37901413

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: Investment Opportunity, University Dr, Lancaster, SC

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