116 Arch Street, Lancaster, SC 29720
Vacant, renovation-needed buildings offering flexible retail or office space in downtown Lancaster with convenient highway access.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 4:12 am
Property Features for 116 Arch Street
General Information
- Standard status
- Active
- Size
- 29,444 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1930
Listing agent Morgan Hamer License #NC - 297378
Listing office NewLeaf Commercial Real Estate, LLC
Listing date Jun 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of NewLeaf Commercial Real Estate, LLC
HighLights
- 1930‑vintage commercial buildings in downtown Lancaster, historically used as retail or office space
- Buildings are currently vacant and need renovation (value‑add rehabilitation opportunity)
- Located just off Highway 521 and about 5 minutes from the Highway 9 intersection
- Portfolio is within the municipality designation per the Lancaster County comprehensive plan
- Retail vacancy noted at 3%; general retail rents up 2.5% YoY and office rents up 1.8% YoY (per remarks)
- More than 10,000 vehicles pass on surrounding streets daily, with nearby access to key downtown facilities
Overview
Located in downtown Lancaster, the properties sit just off Highway 521 and are about five minutes from the intersection with Highway 9. The surrounding retail corridor places future tenants near established national retailers, including Belk, CVS, Food Lion, Aldi, Arby’s, and Bojangles. Downtown Lancaster’s walkable streets also provide proximity to local restaurants, boutique shops, and county facilities including the Lancaster County Administration Building and the Lancaster County Courthouse. The surrounding streets reportedly see more than 10,000 vehicles passing each day.
For tenants and buyers seeking flexible space options, these underutilized buildings can be re-positioned for retail or office use following value-add rehabilitation. The comprehensive plan designation referenced in the remarks places the properties within the municipality designation, removing any zoning or land use regulations and supporting adaptive reuse planning. The location is positioned to serve a growing customer and workforce base in Lancaster County, with spending and population growth metrics cited in the offering materials.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- South Carolina
- Longitude
- -80.770088
- Latitude
- 34.71763