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501 N Mountain Street, Cherryville, NC 28021
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$1,700,000
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Home Details for 501 N Mountain Street
Price
$1,700,000
Type
Commercial/Industrial
Year Build
1900
County
Gaston
Basement
Other
MLS®️ Listing#
4200226
On exitrealty.com
298 days
Property 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, partly driven by a slated lithium mine expected to create thousands of new jobs.
- Basement
- Other
Listing Courtesy: Highland Real Estate - highlandrealestatellc@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.Last Updated: 2025-09-04 00:13:47
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