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206 E Cherokee St
Chesnee, SC 29323
Land For Sale · 0.61 AC

Investment Highlights

  • Occupied 28-unit storage facility offered with adjacent corner lot.
  • Flat site provides flexibility for future development or expansion.
  • Convenient access to Highway 221 and Highway 11.
  • Storage occupancy has remained above 85% during ownership.
  • Corner location offers visibility within downtown Chesnee.
  • Combined income-producing asset and land investment opportunity.

Executive Summary

204-206 E. Cherokee Street presents an opportunity to acquire an occupied self-storage facility together with an adjacent corner lot in Chesnee, South Carolina. The offering includes a 28-unit storage property that has reportedly maintained occupancy above 85% throughout the current ownership period, providing an established operating component alongside future development potential. The adjacent flat lot expands the property's utility and offers flexibility for additional improvements, expansion of the existing storage operation, or alternative commercial uses subject to applicable approvals.
Positioned along E. Cherokee Street in downtown Chesnee, the property benefits from visibility at a corner location and proximity to established local businesses, financial institutions, and retail services. The site offers convenient access to Highway 221 and Highway 11, connecting users to Spartanburg, Gaffney, and surrounding Upstate South Carolina communities. This regional connectivity supports customer access and enhances the property's appeal for both owner-operators and investors seeking a small-scale income-producing asset with additional land value.
The combination of an occupied storage facility and adjacent developable land creates a unique opportunity to generate current income while preserving flexibility for future enhancements. Investors can benefit from the existing occupancy history, while the additional land area provides options for expansion or redevelopment as market conditions and business needs evolve.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.61 AC
Zoning Commercial - Commercial

1 Lot Available

Lot

Price $310,261 CAD
Price Per AC $508,625.40 CAD
Lot Size 0.61 AC

Description

The property at 204-206 E. Cherokee Street in Chesnee, South Carolina includes a 28-unit storage facility and an adjacent approximately 0.61-acre corner lot. The offering includes Tax IDs 21410044 and 21410045. The site is located near Highway 221 and Highway 11 with access to Spartanburg and Gaffney. Marketing materials indicate the storage facility has maintained occupancy above 85% during the current ownership period.

Property Taxes

Property Taxes

Parcel Number
2-14-10-044.00
Land Assessment
$927 CAD
Improvements Assessment
$0 CAD
Total Assessment
$927 CAD
  • Listing ID: 33687739

  • Date on Market: 2024-10-30

  • Last Updated:

  • Address: 206 E Cherokee St, Chesnee, SC 29323

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