111 Lancewood RdColumbia, SC 29210

Property Details for 111 Lancewood Rd

Year built

1974

Construction

FRAME

Lot size

1.32 AC

Property size (Sq ft)

21,820 SF

Zone code

GC

Property type

Other commercial real estate

APN

R07304-04-02

APU

R073040402

Description

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.

Location Insight

City

Columbia

County

Richland

State

South Carolina

Latitude

34.0299

Longitude

-81.0942

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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