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



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