906-946 Chesterfield Hwy - Restaurant FOR SALE


Cheraw, SC 29520
$699,500 USD
704-400-4019
906-946 Chesterfield Hwy, Cheraw, SC for Sale
$699,500 USD
Restaurant - FOR SALE
1/18
null | 11.07% Cap Rate

906-946 Chesterfield Hwy
Cheraw, SC 29520


HIGHLIGHTS

  • Ample parking.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$699,500 USD

PRICE/SF

$26 USD /SF

CAP RATE

11.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

260

LAND DETAILS

LAND ACRES

5.79 AC

LAND SF

252,212 SF

ZONING

-

APN/PARCEL ID

258-013-001-002,258-013-001-003

ASK ABOUT THIS PROPERTY

Jay RossKeller Williams SelectMore Info
704-400-4019

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Jay RossKeller Williams SelectMore Info
704-400-4019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.