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1201 Colonial Cmns Ct Lancaster, SC 29720

  • Commercial real estate
  • 0.82 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1201 Colonial Cmns Ct

Year built
1992
Lot size
0.82 lot acres
Property type
Commercial real estate

Description

This exceptional investment opportunity presents two professional buildings situated on a 0.82-acre lot at 1201 Colonial Commons Court, Lancaster, SC. Priced at $1,100,000, this property offers significant income potential with its current lease arrangement. Building 1, located at 1201 Colonial Commons Ct, is configured as a medical office, boasting approximately 14 rooms, a dedicated file room, reception area, and a waiting room. It's pre-wired for an X-ray room and includes an upper-level workspace. New flooring has been recently installed in a portion of this building. Building 2, at 1203 Colonial Commons Ct, comprises three curtained areas, a reception area, a waiting room, a file room, a substantial open space, and additional work stations on the upper level. The property's zoning is available upon request from the City of Lancaster. The existing lease on one building will transfer with the sale, providing immediate rental income. The second building is available for immediate occupancy by the new owner, presenting a unique opportunity for owner-occupancy or further leasing. This prime location offers convenient access to MUSC (Medical University of South Carolina), making it an attractive proposition for medical professionals or investors seeking a high-return property in a thriving area. The property's layout and features make it suitable for a variety of professional uses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
South Carolina
Longitude
-80.7954
Latitude
34.7149
More about this property
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