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210 S White St 22 251 pi² Vacant Commerce de détail Immeuble Lancaster, SC 29720 379 206 $ CAD (17,04 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- This commercial property in downtown Lancaster offers a versatile blank canvas for a rehabilitation or adaptive reuse project.
- Over 56,000 nearby residents spent $641M in 2024, offering a strong customer base and workforce for retail and office tenants alike
- Historic Reinvestment Ready
RÉSUMÉ DE L'ANNONCE
Shape the future of one of South Carolina’s fastest-growing counties with this versatile commercial space in the heart of downtown Lancaster. Currently vacant and in need of renovation, this rare opportunity provides a blank canvas for developing investors to create a vibrant new mixed-use destination in this growing investment market.
The buildings are 1930s vintage and have historically been utilized as retail or office space. There is potential for a value-add rehabilitation project, returning the space to an operable condition and leveraging the growing demand for retail and office space in Lancaster County. Currently, retail vacancies sit at just 3%, and general retail properties have demonstrated a 2.5% increase in rental rates year-over-year, while rental rates for office properties have grown by 1.8%.
Additionally, Lancaster County’s comprehensive plan includes these properties within the municipality designation, removing any zoning or land use regulations and providing limitless opportunities for adaptive reuse.
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.
Lancaster County has emerged as one of the fastest growing counties in the state and the greater US, with significant growth in jobs, housing, and population. Within 10 miles of the portfolio, the population of over 56,000 has grown by 10% since 2020, with forecasts expecting an increase of an additional 16% by 2029. These residents delivered consumer spending of more than $641 million during 2024, lending a robust customer base to retail ventures and a skilled workforce to office tenants.
Offering a blank canvas commercial portfolio in a prime location with limitless possibilities for rehabilitation or adaptive reuse projects, the portfolio of 116 W Arch Street, 210 S White Street, and 209-227 & 209 S Main Street delivers unmatched potential for growth in a highly desirable market.
The buildings are 1930s vintage and have historically been utilized as retail or office space. There is potential for a value-add rehabilitation project, returning the space to an operable condition and leveraging the growing demand for retail and office space in Lancaster County. Currently, retail vacancies sit at just 3%, and general retail properties have demonstrated a 2.5% increase in rental rates year-over-year, while rental rates for office properties have grown by 1.8%.
Additionally, Lancaster County’s comprehensive plan includes these properties within the municipality designation, removing any zoning or land use regulations and providing limitless opportunities for adaptive reuse.
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.
Lancaster County has emerged as one of the fastest growing counties in the state and the greater US, with significant growth in jobs, housing, and population. Within 10 miles of the portfolio, the population of over 56,000 has grown by 10% since 2020, with forecasts expecting an increase of an additional 16% by 2029. These residents delivered consumer spending of more than $641 million during 2024, lending a robust customer base to retail ventures and a skilled workforce to office tenants.
Offering a blank canvas commercial portfolio in a prime location with limitless possibilities for rehabilitation or adaptive reuse projects, the portfolio of 116 W Arch Street, 210 S White Street, and 209-227 & 209 S Main Street delivers unmatched potential for growth in a highly desirable market.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Projet de redéveloppement
Type de propriété
Commerce de détail
Taille du bâtiment
22 251 pi²
Classe d’immeuble
C
Année de construction
1930
Prix
379 206 $ CAD
Prix par pi²
17,04 $ CAD
Pourcentage loué
Vacant
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,16
Taille du lot
0,44 AC
Zone de développement économique
Oui
Zonage
CITY : City of Lancaster - Commercial
Façade
58’ sur WHITE ST
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 0068P-0Y-009.00 | Évaluation des bâtiments | 4 332 $ CAD |
| Évaluation du terrain | 1 692 $ CAD | Évaluation totale | 6 024 $ CAD |
Impôts fonciers
Numéro de lot
0068P-0Y-009.00
Évaluation du terrain
1 692 $ CAD
Évaluation des bâtiments
4 332 $ CAD
Évaluation totale
6 024 $ CAD
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210 S White St
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