193,195,197 Hwy 1 South, Cheraw, SC 29520
Chesterfield County
Key Facts
Description
Prime commercial investment opportunity located at 193,195,197 Highway 1 South in Cheraw, SC. This 4,469-square-foot commercial property sits on a highly visible 0.46-acre corner lot, offering excellent exposure and accessibility along a major thoroughfare. The property features three bathrooms and is currently income-producing with a gross annual income of $26,400 with higher earning potential. Its strategic location, strong visibility, and value-add income potential make it an attractive opportunity for investors seeking cash flow and future growth. Conveniently positioned near local businesses, retail, and community amenities, this property presents a rare chance to acquire a versatile commercial asset in the growing Cheraw market.
Property Information
Property Type
Commercial Sale
Year Built
1980
Living Area
4,469 sq ft
Lot Size
0.46 acres
MLS® Listing#
2602599
Property Features
Affordability Calculator
$55,980
Estimated monthly payment
$1,490/mo
Principal $223,920 · Est. interest $312,388 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheraw, SC
- $240,000
- Median Listing Price
- 75
- Median Days on Market
- 1,906
- Median Sq Ft
- $129
- Median Price / Sq Ft
- 76
- Active Listings
- This home’s price is 17% above the area median.
- Its price per sq ft is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheraw, SC.
Location
Getting Around
Points of Interest in Cheraw, SC
Showing the Cheraw area map.
Nearby Schools
Cheraw Primary School
Elementary · 0.5 mi away
St David's School
School · 0.5 mi away
Faith Christian Academy
School · 0.7 mi away
Cheraw Intermediate School
Elementary · 0.7 mi away
Long Middle School
Secondary · 0.7 mi away
Cheraw High School
Secondary · 1.0 mi away
Robert Smalls Elementary School
Elementary · 1.1 mi away
Charity Early Learning Center
School · 3.1 mi away
Wallace Elementary Middle
Elementary · 3.9 mi away
Jesus Is Lord Christian School
School · 4.3 mi away
Chesterfield Ruby Middle School
School · 9.6 mi away
Chesterfield County School Offices
School · 11.5 mi away
Chesterfield High School
Secondary · 11.7 mi away
Bennettsville Intermediate School
Elementary · 12.4 mi away
Bennettsville Primary School
Elementary · 12.6 mi away
Edwards Elementary School
Elementary · 13.0 mi away
Bennettsville Elementary School
Elementary · 13.1 mi away
Marlboro County School District
School · 13.1 mi away
Rosenwald Elementary School
Elementary · 13.1 mi away
Chesterfield Ruby Middle School
Secondary · 14.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Cash Swamp Rd, cheraw, SC | $196,000 | — | — | — |
| TBD 2 Cash Swamp Rd, cheraw, SC | $196,000 | — | — | — |
| 66 Victory Dr, Cheraw, SC | $198,000 | 3 | — | 1,070 |
| 1529 W Market Street, Cheraw, SC | $199,000 | 4 | 2 | 2,337 |
| 116/122/124/126 Godfrey Street, Cheraw, SC | $199,000 | — | — | 3,644 |
| 116/122/124/126 Godfrey St, Cheraw, SC | $199,000 | 10 | 4 | 3,644 |
Moving Cost Estimate
EXIT Agents in Cheraw
Listing Courtesy: C/B McMillan and Assoc. - joe@cbflorence.com
Presented by: Logan Adams