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Commercial Land with Office Building
New
For Sale
$140,000

731 S Market St, Lancaster, SC 29720

B3-zoned parcel with an existing office building and city utilities on site.

Property SizeContact for details
Days on Market3

Property Features for 731 S Market St

General Information

Standard status Active
Property subtype Land
Listed By: Leigh Brown
Source: Onecommunity
Added: Sep 11 Last Checked: Sep 12 at 7:21AM

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 Leigh Brown

Investment Insights

Based on property information with market context.

This 1.62-acre commercial parcel includes an existing 899 SF office building positioned along the lot’s edge, leaving most of the site undeveloped. The property is classified B3 General Business within the City of Lancaster’s general business district, and city water and sewer are already on site.

The parcel fronts S Market Street in Lancaster, SC, with approximately 270 feet of road frontage along a publicly maintained road. Its in-town setting places the property near downtown Lancaster and combines an existing office improvement with substantial undeveloped land.

Key Highlights

  • 1.62‑acre commercial parcel
  • Existing 899 SF office building positioned along the edge of the lot
  • B3 General Business zoning within the City of Lancaster’s general business district

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Real Estate Agency Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 29720, SC

51,198
Population
22,106
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
86%
High-School Grad
284.9 sq mi
ZIP Area
180
Density / Sq Mi
$59,039
Median Household Income
$37,020
Median Earnings
$845
Median Rent
$212,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B3-zoned parcel with an existing office building and city utilities on site.
Where is this commercial land located?
The property is located at 731 S Market St Lancaster, SC.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 1.62‑acre commercial parcel; Existing 899 SF office building positioned along the edge of the lot; B3 General Business zoning within the City of Lancaster’s general business district
More about this property
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