For Sale
$1,500,000

111 Lancewood RdColumbia, SC 29210

20,000 SF Office, Prime Location, $1.5M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20,000 square foot executive office building, located at 111 Lancewood Road in Columbia, South Carolina, presents a compelling investment opportunity. The property, built in 1974, boasts a Class B designation and sits on a generous 2.49-acre lot, offering ample parking. The building features a perimeter office layout with a large internal bullpen, providing flexibility for various business needs. Currently zoned GC (General Commercial) in Richland County, this property benefits from its convenient location in close proximity to I-26, ensuring easy access for employees and clients. The existing tenant lease extends through December 31, 2024, providing immediate income potential for the new owner. The asking price for this well-maintained office building is $1,500,000. This presents a rare chance to acquire a substantial office property in a desirable location with existing income and significant upside potential. The expansive parking lot and strategic location make this a highly attractive investment for both seasoned and emerging investors in the Columbia commercial real estate market. The property's zoning allows for a wide range of commercial uses, offering flexibility for future development or tenant occupancy. This is a turnkey opportunity to acquire a valuable asset in a thriving South Carolina market.

Highlights

  • Ample parking available.
  • Perimeter office design with spacious open workspace.
  • Zoned General Commercial, Richland County.
  • Excellent I-26 accessibility.
  • Existing lease through December 31, 2024.

Property Details for 111 Lancewood Rd

Property type
Office properties
Square Feet
20,000 SF
Class
B
Year Built
1974
Lot Size (sq. ft)
108,464 SF

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0299466
Longitude
-81.094008
111 Lancewood Rd, Columbia, South Carolina

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111 Lancewood Rd
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