$70,000
SOLD APR 25, 2025

116 Kershaw St Cheraw, SC 29520

-- Bed
-- Bath
3,800 Sq Ft
1940 Built

Recently Sold

$18 Per Sq Ft

29% Below List Price

189 Days on Market

About This Home

As of April 2025

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

Last Agent to Sell the Property

Mary Anderson

Lewis Realty License #81328 Listed on: 10/18/2024

Last Buyer's Agent

Mary Anderson

Lewis Realty License #81328 Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Schools

  • Cheraw Primary Elementary School
  • Cheraw Interm. Middle School
  • Cheraw High School

Community Details

  • 4 Units
  • City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271 009 006 026

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub-Type: Apartment Complex
  • PropertyType: Residential Income
  • MLS Status: Sold
  • Subdivision Name: City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2

Schools

  • Elementary School: Cheraw Primary
  • High School: Cheraw High
  • Middle Or Junior School: Cheraw Interm.

Green Features

Lot Info

  • Parcel Number: 271 009 006 026

Multi Family

  • Number Of Units Total: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $70,000 -29.3% $18 / Sq Ft
10/18/2024 10/18/24 For Sale $99,000 -- $26 / Sq Ft
Source: Pee Dee REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mary Anderson

    Seller's Agent in 2025

    Mary Anderson

    Lewis Realty

    (843) 954-2760

    135 in this area

    247 Total Sales

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Map

Source: Pee Dee REALTOR® Association

MLS Number: 20244015

Pee Dee REALTOR® Association

South Carolina Chesterfield County Cheraw 29520

116 Kershaw St, Cheraw, SC

This home is located at 116 Kershaw St, Cheraw, SC 29520 and is currently priced at $70,000, approximately $18 per square foot. This property was built in 1940. 116 Kershaw St is a home located in Chesterfield County with nearby schools including Cheraw Primary School, Cheraw Intermediate School, and Long Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pee Dee REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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