6572 Highway 9 , Cheraw, SC 29520
Cheraw, SC 29520
Description
Great Income Producing property that would make a great investment or 1031 Exchange candidate. Property is located in Chesterfield County between the county seat (Chesterfield) and the county's largest city, Cheraw. Property sits on a valuable "hard commercial corner" of a major divided Highway 9 and Hillard Rd. The large corner, treed area is currently vacant and has either commercial retail potential or could be used to add several more Mobile Home sites. The Park has a great income stream now and has a tremendous amount of upside for a shrewd business operator. All homes are individually metered for county water and septic tanks have been county inspected within the last 18 months with no issues found. Chesterfield County is very business friendly and has a large number of manufacturing, distribution, and other blue collar jobs making the tenant base very strong. The County is also limiting new Mobile Home Park construction making cost of entry for an new parks very high and permits are hard to obtain. This will make a great investment for many years to come.
Details
| MLS# | 2419397 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 48 |
| Listing Provided By | Myrtle Beach Real Estate LLC | Chuck Murphy |
Features
| N/A | 20,000 |
|---|---|
| Story(s) | 1 |
| Units | 54 |
| Building(s) | 23 |
| Zoning | comm. mhp |
| Acreage | 12.57 |
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Learn More About This Property
| State | SC |
|---|---|
| County | Chesterfield |
| City | Cheraw |
| Zip Code | 29520 |
| Area | 31A Other counties in South Carolina |
| Listing VS Median (in 29520) | |
Price: $1,695,000 low | high Med: $917,000 SqFt: 20,000 low | high Med: 10,473 $ / SqFt: $85 low | high Med: $116 On Site: 48 low | high Med: 90.500000 | |