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Real Estate
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$699,500

Cheraw, SC 29520
Listed by Jay Ross · Keller Williams Select
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1970

About this home

Presenting an investment opportunity with a current cap rate of around 7.6%, this property offers steady income with potential for increased returns. It's worth noting that all current rents have remained stable for years with room to increase, providing a reliable income stream. Don't miss out on the potential for growing returns in this investment opportunity. Recent improvements: Installed a new 10 ton Heat pump on Razel Rentals, new heat pump on County Kitchen as well as re-seal the roof, new heat pump on Molisa Nails and Studio. In the process of having the front canopy painted and replacing parking lot lights.

Property details

MLS #
CAR4343770
Property type
Retail Center
Subdivision
N/A
Status
Active
Days on market
89
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Cheraw Intermediate
1.02 mi away · Grades 3-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Below Average (2025)
Enrollment
426
Student:teacher ratio
13.3:1
District
Chesterfield 01
Middle
Long Middle
1.13 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
13.9:1
District
Chesterfield 01
High
Cheraw High
0.72 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
635
Student:teacher ratio
12.2:1
District
Chesterfield 01

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,362/mo
$139,900 down
$559,600 loan
Principal & interest$3,630
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.