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Property profile & analytics

201 Main St Lancaster, SC 29720-2178

  • Drug stores
  • 11,680 SF
  • 492.00 lot acres
OFF-MARKET
Last Sale
Oct 27, 2022
$2,050,000
Value Estimations
$1,935,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US77-1361220
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,177
$32,382
$60,000
$92,382
-
$539,700
$1,000,000
$1,539,700
More about this property
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