Active
501 N Mountain Street
Cherryville NC, 28021
$1,700,000
Active
Commercial
Built in 1900
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.
4200226
MLSⓇ ID
December 2, 2024
Listed
December 7, 2024
Updated
Map
501 N Mountain Street
Cherryville NC, 28021
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4.97 Acres
Lot Features
Corner Lot
Other Property Details
Days on Market
5
Garage
No
View
No
County
Gaston
Pool
No
Zoning
RMF
Courtesy of Highland Real Estate with Jodi Warren,
Listing Contact: [email protected]
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