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Strip Mall with HVAC Improvements
For Sale
$699,500

908 Chesterfield Highway, Cheraw, SC 29520

Commercial Sale, Cheraw, SC

Property SizeContact for details
Lot Size2.47 Acres
Days on Market209

Property Features for 908 Chesterfield Highway

General Information

Property type Residential
Property subtype Retail
Zoning description Com
Parking 65
Parking features Parking Lot
Directions Per GPS
Standard status Active
APN 258-013-001-003
Lot size 2.47 Acres

Taxes and HOA fees

Tax Description PART OF WINDSOR PARK SHOPPING
Legal Description PART OF WINDSOR PARK SHOPPING

Building Details

Year built 1970
Listing Agency: Keller Williams Select · Keller Williams Realty
Listed By: Jay Ross · License #81033
Added: Feb 5 Changed: Aug 19 Last Checked: Sep 2 at 1:06PM
MLS# 4343770

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This strip mall was built in 1970 and occupies 2.47 acres at 908 Chesterfield Highway in Cheraw, South Carolina. The property includes a parking lot and has received several recent building improvements, including a new 10-ton heat pump serving Razel Rentals, additional heat-pump replacements for County Kitchen and Molisa Nails and Studio, and roof resealing.

The front canopy is being painted, and parking lot light replacement is in progress. The property currently reports a cap rate of around 7.6%, with existing rents described as stable for years. Current occupants identified in the property information include Razel Rentals, County Kitchen, and Molisa Nails and Studio.

Key Highlights

  • Around 7.6% current cap rate
  • 2.47‑acre strip mall property
  • New 10 ton heat pump installed for Razel Rentals

Property Analytics

Current Use

The Country Kitchen Buffet Restaurant

Suggested Use

Top Pick Building Supply Electrical Service Big Box & Wholesale Store Storage Facility Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
64k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 42% Apparel 8% Electronics 1%
Wendy's Dining
12,276 visits/mo 0.1 miles
Bojangles' Famous Chicken 'n Biscuits Dining
11,036 visits/mo 0.0 miles
Murphy USA Shops & Services
10,633 visits/mo 0.5 miles
Dollar Tree Shops & Services
8,614 visits/mo 0.4 miles
Burger King Dining
7,145 visits/mo 0.4 miles

Demographics for 29520, SC

13,046
Population
6,554
Households
2
Avg Household Size
45
Median Age
16%
College-Educated
85%
High-School Grad
131.9 sq mi
ZIP Area
99
Density / Sq Mi
$41,786
Median Household Income
$35,153
Median Earnings
$805
Median Rent
$98,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail property with parking, roof maintenance, and several recent heat-pump installations.
Where is this strip mall located?
The property is located at 908 Chesterfield Highway Cheraw, SC.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Around 7.6% current cap rate; 2.47‑acre strip mall property; New 10 ton heat pump installed for Razel Rentals
More about this property
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