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Commercial > Industrial
Active
12/02/2024
List Price
$1,700,000

501 Mountain St
Cherryville, NC 28021

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  • 501 Mountain St, Cherryville, NC 28021 is a 4 bath, 5,471 ft² commercial industrial property property built in 1900 on a 4.970 acre lot. This commercial industrial property is currently on the market for $1,700,000, and it was last sold in 2013 for $275,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 501 Mountain St is Jodi Warren.

    Current Ownership

    Information about the current owner(s).

    Property History

    501 Mountain St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 501 Mountain St

    School Information

    Public/private schools serving 501 Mountain St

    Neighborhood

    This property is located in Cherryville.

    Market Trends

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    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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