201 Main St Lancaster, SC 29720-2178
- Drug stores
- 11,680 SF
- 492.00 lot acres
Oct 27, 2022
Current Use by Public Records
- higi / Health Consultant
- CDReload - Online Bitcoin ATM / Atm / Crypto Atm
- Vincent P. Jones, PharmD / Pharmacy
- Family Dollar / Dollar Store / Clothing Store
- Western Union / Money Order Service / Money Transfer Service
Property Details for 201 Main St
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 492.00 lot acres
- Property size
- 11,680 SF
- Zone code
- CITY
- Property type
- Drug stores
- APN
- 0068P-0E-002.00
- APU
- 0068P0E00200
Description
This exceptional mixed-use investment opportunity encompasses four buildings totaling 96,454 square feet of net rentable space in Lancaster, South Carolina's vibrant historic district. Located at 201 S Main St, and encompassing addresses 209-213 S. Main Street, 215-227 S. Main Street, 229 S. Main Street, and 116 Arch Street, this portfolio presents a unique chance to acquire a substantial property with significant redevelopment potential. The buildings, constructed between 1905 and 1949, are situated on a 2.76-acre lot and are zoned B-1, allowing for a variety of uses including creative office, restaurant, and storefront spaces. The property is currently offered for sale at $2,875,000. Individual building sale prices are available upon request. The buildings are in need of renovation, presenting a blank canvas for a creative investor to envision and execute a revitalization project. This prime location offers high visibility and access to the bustling downtown area, promising strong returns on investment for the right buyer. The two-story structures offer a unique blend of historic charm and modern adaptability, making them ideal for a variety of commercial and potentially residential uses. This is a rare opportunity to acquire a significant piece of Lancaster's rich history and shape its future. The property's size and location make it an attractive proposition for developers and investors seeking a substantial project with considerable upside.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,920,000
- ML approach
- $1,715,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,249,000
Market price range: $354k - $1.25M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- South Carolina
- Longitude
- -80.7711
- Latitude
- 34.7219
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA