Exceptional investment opportunity: Two medical office buildings totaling 8,482 square feet situated on a 0.82-acre lot in Lancaster, South Carolina. Built in 1992, this Class C property features two two-story buildings. Building 1, located at 1201 Colonial Commons Ct, is configured as a medical office with approximately 14 rooms, a file room, reception area, and waiting room. It's also wired for an X-ray room and includes an upper-level workspace. Building 2, at 1203 Colonial Commons Ct, offers three curtained areas, a reception area, waiting room, file room, a large open space, and upper-level workstations. Currently, one building is leased (rental amount available upon request). The property is offered at $1,100,000, representing a price per square foot of $129.69. The current lease is a single-tenant, NNN lease with a remaining term of approximately two months, commencing August 1, 2024, and expiring January 31, 2025. This prime location offers proximity to MUSC (Medical University of South Carolina), making it an ideal investment for medical professionals or investors seeking a strong return. The property is offered as a fee-simple sale; no ground lease is involved.
Highlights
$1,100,000 asking price for this medical office property.
8,482 square feet in Lancaster, SC.
Class C, two-building property on a 0.82-acre lot, built in 1992.
Currently configured as two medical offices with separate waiting rooms, reception areas, and exam rooms.
One building is currently leased; inquire for rental details.
Located minutes from MUSC.
Property Details
for 1201 Colonial Commons Ct
Property type
Office properties, Medical offices
Square Feet
8,482 SF
Class
C
Year Built
1992
Buildings
2
Stories
2
Lot Size (sq. ft)
35,719 SF
Location Insight
City
Lancaster
County
Lancaster
State
South Carolina
Latitude
34.7149559
Longitude
-80.7953188
1201 Colonial Commons Ct, Lancaster, South Carolina
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Contacts
Debra Votta
Visit Broker Website
Learn more
Useful Information
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1201 Colonial Commons Ct, Lancaster, South Carolina, 29720
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1201 Colonial Commons Ct
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