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    185 Highway 1 Cheraw, SC 29520

    For Sale
    $239,999

    High-visibility, 8,590 SF building on 0.6 acres

    Property size:
    8,590 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property in Cheraw, SC, presents a unique opportunity for automotive entrepreneurs. Strategically located near the intersection of US Highway 1 and Highway 9, this high-visibility site boasts excellent accessibility and is situated close to the town's business district. The property comprises two parcels totaling 0.6 acres. The main parcel features an 8,590 square foot flex building, ideal for a variety of automotive uses. The building includes 1,739 square feet of retail/office space with a half-bathroom, providing a welcoming area for customers. A substantial 6,851 square foot garage/storage area offers ample space for repairs, parts storage, or other automotive-related operations. This area is thoughtfully divided into multiple bays: a three-bay garage with its own bathroom, a one-bay garage with a bathroom, and another single-bay garage, along with additional storage space. A 185 square foot overhang adds further functionality. The second parcel is a 0.18-acre paved parking lot, ensuring ample parking for customers and employees. The property is being sold "as is," presenting a chance to customize and develop the space to meet specific business needs. This is a rare opportunity to acquire a well-located, sizable commercial property in a thriving area.

    Property Features for 185 Highway 1

    General Information

    Property type
    Investment properties
    Square Feet
    8,590 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    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
    -79.89645
    Latitude
    34.68963

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    FAQs

    What type of property is this?
    Investment property - High-visibility, 8,590 SF building on 0.6 acres
    Where is this investment property located?
    The property is located at 185 Highway 1 Cheraw, SC.
    What is the asking price?
    The asking price for this property is $239,999.
    (704) 541-5111
    Request Owner's contact information
    185 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
    185 Highway 1 Cheraw, SC 29520
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