168 2Nd St Cheraw, SC 29520
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.
-
Bistro on 2nd Street Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.