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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

209 Main St Lancaster, SC 29720

96,454 SF Built 1905
Property ID
Property summary
AI-generated overview

This exceptional commercial real estate opportunity encompasses four buildings totaling 96,454 square feet in Lancaster, South Carolina's historic downtown district. Located at 209 S Main St, 29720, this portfolio presents a unique chance to acquire a substantial property with significant potential. The buildings, constructed between 1905 and 1945, offer flexible usage for retail, office, restaurant, or mixed-use purposes. With a minimum divisible space of 5,000 square feet and a maximum contiguous space of 96,454 square feet, the property caters to a wide range of business needs. Currently, the entire 96,454 square feet is vacant, providing a blank canvas for redevelopment. The buildings are three stories each, and include elevators. Situated within a designated opportunity zone and historic district, the property is eligible for historical tax credits, potentially offsetting renovation costs. This presents a compelling investment opportunity for developers and businesses seeking a prominent location in a revitalizing area. The buildings require tenant improvements. The property's prime location and flexible zoning offer numerous possibilities for creative and adaptive reuse.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1905
Total area 96,454 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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