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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

168 2Nd St Cheraw, SC 29520

1,986 SF 0.05 ac lot
Property ID
Property summary
AI-generated overview

This charming, 1,986-square-foot bistro, located at 168 2nd Street in Cheraw, South Carolina, presents a unique investment opportunity. The property, situated on a 0.046-acre lot (APN 271-013-010-034), boasts a prime location in the heart of downtown Cheraw, with 25 feet of frontage along 2nd Street, a vibrant area featuring a mix of offices, restaurants, and retail establishments. The building, which is a single-story structure, underwent a complete renovation in 2020. All fixtures, furniture, and equipment (FF&E), as well as the HVAC system, are less than five years old, ensuring a smooth transition for the new owner. The property is zoned CC (Core Commercial) and offers significant potential for continued success. The asking price is $495,000, translating to $249.24 per square foot. Daily traffic counts on 2nd Street average 4,000 vehicles, and Market Street sees 7,100 vehicles per day, indicating high visibility and potential customer traffic. This turnkey operation is ideal for an owner-operator seeking a well-established restaurant with significant upside. The sale includes the building and all existing business assets.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,986 SF
Lot 0.05 ac (2,004 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bistro on 2nd Street Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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