501 N Mountain Street , Cherryville, NC 28021
Cherryville, NC 28021
Description
The historic Cherryville Mill offers over 152,000+- square feet of space on a 4.97 acre lot with over 996 feet of road frontage and approved RMF zoning. The property presents an exciting opportunity for redevelopment into apartments, townhomes, or mixed-use residential space and would make an excellent subject for a 1031 exchange. Both the city of Cherryville and Gaston County are eager to see this property repurposed and have voiced strong support for redevelopment. The mill retains much of its original character, with exposed brick walls, large wooden beams, and soaring ceilings that would add character and appeal to any redevelopment project. Its strategic location just 0.4 miles from the developing downtown of Cherryville, places it at the center of a thriving area with several major housing projects underway. Cherryville is set to experience significant economic growth, driven in part by a slated lithium mine expected to create thousands of new jobs.
Details
| MLS# | 4200226 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 14 |
| Listing Provided By | Highland Real Estate | Jodi Warren |
Features
| Basement | Y |
|---|---|
| Zoning | RMF |
| Acreage | 4.97 |
Market Activity 28021
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Learn More About This Property
| State | NC |
|---|---|
| County | Gaston |
| City | Cherryville |
| Zip Code | 28021 |
| Area | Gaston |
| Listing VS Median (in 28021) | |
Price: $1,700,000 low | high Med: $279,900 On Site: 14 low | high Med: 14.000000 | |