Downtown Office
105 Lancaster St SW Aiken, SC 29801
105 Lancaster St SW, Aiken, SC, 29801
Contact for pricing
For Sale
Contact for pricing
Office building in downtown Aiken with recent exterior paint and trim work.
Property Size4,961 SF
Price / SF$141.10
Days on Market395
Property Features for 105 Lancaster St SW
General Information
- Standard status
- Active
- Size
- 4,961 SF
- Property subtype
- OFFICE
Properties For Sale
at 105 Lancaster St SW Contact us
Listing agency
Meybohm Commercial Properties, LLC
(864) 993-2501
Listed by
Curt Hanna
(864) 993-2501
Source
Moodyscre
Added: Jun 23, 2025 Updated: Jul 22 at 7:47AM Checked: Jul 22 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meybohm Commercial Properties, LLC
Investment Insights
Based on property information with market context.
This downtown office building is positioned for office use and has had recent exterior paint and trim work completed. The property is identified as suitable for office space, and it is also described as convertible to hospitality or residential space with proper rezoning.
The offering is for sale and located at 105 Lancaster St SW in Aiken, South Carolina.
For tenants, buyers, and brokers considering repositioning, the building’s current use is supported as office space, with rezoning noted as the requirement for hospitality or residential conversion.
The offering is for sale and located at 105 Lancaster St SW in Aiken, South Carolina.
For tenants, buyers, and brokers considering repositioning, the building’s current use is supported as office space, with rezoning noted as the requirement for hospitality or residential conversion.
Key Highlights
- Office building in downtown Aiken
- Recent exterior paint and trim work
- Designed for office use
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.4k | $15.00 |
| − Vacancy | −$6.2k | −$1.25 |
| EGI | $68.2k | $13.76 |
| − OpEx | −$17.1k | −$3.44 |
| NOI | $51.2k | $10.32 |
4,961 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$731.1K
$639.7K – $853.0K
NOI $51,179 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$956.3K
$836.7K – $1.12M
NOI $66,938 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tri-Development Center
Association / Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building in downtown Aiken with recent exterior paint and trim work.
Where is this office building located?
The property is located at 105 Lancaster St SW Aiken, SC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Office building in downtown Aiken; Recent exterior paint and trim work; Designed for office use
