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    191 Highway 1 Cheraw, SC 29520

    For Sale
    $325,000

    Three Buildings, Half-Acre Lot, High Traffic

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property presents a rare opportunity in Cheraw, SC. Strategically located on a highly visible corner lot along the busy US Highway 1, this 0.5-acre site encompasses three separate buildings, each offering significant potential. The property benefits from high traffic volume, ensuring excellent visibility and accessibility for any business. Each building has been recently renovated, featuring new flooring, fresh paint, and updated hot water heaters. Furthermore, each building includes convenient amenities such as its own bathroom and both front and rear entrances, enhancing functionality and versatility. Building 1 provides ample space, measuring approximately 2,200+ square feet, while Building 2 offers around 1,100 square feet, and Building 3 comprises approximately 900 square feet. The property also includes a vacant lot, providing additional space for expansion, parking, or outdoor activities. With its prime location, substantial square footage, and recent renovations, this property is ideally suited for a variety of commercial uses, making it an attractive investment opportunity with strong rental potential or a perfect platform for a new business venture. The total square footage across all three buildings is approximately 4,000 square feet. The asking price for this exceptional property is $325,000.

    Property Features for 191 Highway 1

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheraw
    County
    Chesterfield
    State
    South Carolina
    Longitude
    -79.89643
    Latitude
    34.68958

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    FAQs

    What type of property is this?
    Commercial real estate - Three Buildings, Half-Acre Lot, High Traffic
    Where is this commercial real estate located?
    The property is located at 191 Highway 1 Cheraw, SC.
    What is the asking price?
    The asking price for this property is $325,000.
    (843) 623-9800
    Request Owner's contact information
    191 Highway 1 Cheraw, SC 29520
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    Cheraw, SC 29520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    191 Highway 1 Cheraw, SC 29520
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