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501 N Mountain Street

Cherryville, NC 28021
  • $1,700,000
  • STATUS: Active
  • ON SITE: 77 Days
  • ID#: 4200226
UPDATED: 60 min ago
$1,700,000
  • 0
    BEDS
  • 4.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Highland Real Estate: 704-477-5423. Copyright 2025 Canopy MLS. All rights reserved.

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T12:33:38.517 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

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501 N Mountain Street Cherryville, NC 28021

  • Price: $1,700,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 60 min ago
  • ID#: 4200226
0
Beds
0
Baths
0
½ Baths
4.97
Acres
1900
Built
County:
Gaston
Area:
Cherryville
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, driven in part by a slated lithium mine expected to create thousands of new jobs.
Exterior Features

Carport YN No Construction Type Site Built Lot Features Corner Lot Road Responsibility Publicly Maintained Road Road Surface Type Concrete

Interior Features

Basement Other Basement YN Yes

Property Features

Auction YN No CCRSubject To No City Taxes Paid To Cherryville Hoa Subject To None Inclusions BuildingFixturesInventoryLand Inside City YN Yes Lease Considered YN Yes New Construction YN No Property Sub Type Industrial Restrictions N/A Restrictions Description N/A Senior Community YN No Special Listing Conditions None Zoning RMF



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T12:33:38.517 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Rowena Patton's Allstar Powerhouse brokered by eXp
56 Central Avenue, Ste 201
Asheville NC, 28801
Canopy MLS logo Offered by Highland Real Estate: 704-477-5423. Copyright 2025 Canopy MLS. All rights reserved.