INNOVATE Real Estate
Retail Center at 908 Chesterfield Highway, Cheraw
Retail Center at 908 Chesterfield Highway, Cheraw, photo 2 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 3 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 4 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 5 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 6 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 7 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 8 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 9 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 10 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 11 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 12 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 13 of 17
Retail Center at 908 Chesterfield Highway, Cheraw, photo 14 of 17
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Retail Center at 908 Chesterfield Highway, Cheraw, photo 17 of 17
17 photos

$699,500

908 Chesterfield Highway
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
Canopy MLS
MLS #
CAR4343770
Property type
Retail Center
Subdivision
N/A
Status
Active
Days on market
89
On market date
February 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
65
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

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

Walkability

Blended score for Cheraw's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

55
Somewhat walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes17
Grocery stores3
Parks1
Schools3
Transit stops0
Pharmacies3

Mortgage calculator

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

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Adjust tax / insurance estimates
% / yr
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/mo
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.