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$279,900

193,195,197 Hwy 1 South, Cheraw SC 29520-2833
Cheraw, SC 29520-2833
Listed by Logan Adams · C/B McMillan and Assoc.
Bedrooms
N/A
Bathrooms
N/A
Living area
4,469 sqft
Year built
1980

About this home

Prime commercial investment opportunity located at 193,195,197 Highway 1 South in Cheraw, SC. This 4,469-square-foot commercial property sits on a highly visible 0.46-acre corner lot, offering excellent exposure and accessibility along a major thoroughfare. The property features three bathrooms and is currently income-producing with a gross annual income of $26,400 with higher earning potential. Its strategic location, strong visibility, and value-add income potential make it an attractive opportunity for investors seeking cash flow and future growth. Conveniently positioned near local businesses, retail, and community amenities, this property presents a rare chance to acquire a versatile commercial asset in the growing Cheraw market.

Property details

MLS
Pee Dee API
MLS #
2602599
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
5
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 acres
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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
1.39 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
1.65 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).

68
Walkable
out of 100
EPA National Walkability Index
10.5 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes17
Grocery stores8
Parks8
Schools3
Transit stops0
Pharmacies2

Mortgage calculator

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Est. monthly payment
$1,836/mo
$55,980 down
$223,920 loan
Principal & interest$1,452
Property tax (est.)$233
Home insurance (est.)$150

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Data source: Listing information provided by Pee Dee API via Trestle/CoreLogic. Last updated June 29, 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.