116-118 Kershaw St Cheraw, SC 29520
Property details
About 116-118 Kershaw St
Incredible investment opportunity!!! Once known as "Char-bell Apartments," this building also housed Sonnie’s Grill and Lounge and Superior Dry Cleaners. Though the façade has changed, the charm and stories remain. The property is one of many along Kershaw and Second Streets that served a thriving African American business district during segregation. It not only serves as a direct physical link to Cheraw’s storied history, also provides an incredible investment opportunity. Currently, the building is set up for one commercial space downstairs and three 3 BR/1BA apartments. The downstairs apartment is 970 sq. ft; the upstairs apartments are approx. 970 sq. ft. and 1100 sq. ft.; and the "shop" with half bath is just under 900 sq. ft. This property is zoned "neighborhood commercial," and has potential to qualify for tax incentives. Please note, the small white building is not attached or part of this property. Pre-qualified buyers only
Highlights
(ACTIVE)
Summary
- MLS Number: 20244015
- MLS Name: PeeDee
- Office Name: Lewis Realty
- Office Email: mary-lewisrealty@att.net
- Listing Agent: Mary Anderson
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Last updated on: 3/14/2025, 4:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$99,000
116-118 Kershaw St
$1,176
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Cheraw Intermediate School
Public District 3-5
0.5 mi
•421 Chesterfield Hwy
2
Bennettsville Intermediate School
Public District 4-5
12.7 mi
•701 Cheraw St
4
Edwards Elementary School
Public District PK-5
12.7 mi
•2411 West Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,643. Typical income of Cheraw, SC residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Ram
What do the neighbors listen to?
Oldies
Country- Classic Country
This home is located at 116-118 Kershaw St in Cheraw, SC and zip code 29520. This 4,010 square foot home was built in 1940. Features: 9 bedrooms, 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $99,000.
While more than 2 listings in Cheraw, SC in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Cheraw, SC increased by 9.8% between January and February 2025. While the average time on the market in February 2025 was 12 days, the median list price was $186,250.