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Franklin Bellamy

franklin@unlockingrealestate.co +1(704) 904-5142

$ 1,700,000

Est. payment -/mo

Save

Active

501 N Mountain ST Cherryville, NC 28021

4.97 Acres Lot

UPDATED:

12/07/2024 02:13 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4200226

Year Built 1900

Lot Size 4.970 Acres

Acres 4.97

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.

Location

State NC

County Gaston

Zoning RMF

Rooms

Basement Other

Interior

Inclusions Building, Fixtures, Inventory, Land

Building

Lot Description Corner Lot

Dwelling Type Site Built

New Construction false

Others

Senior Community false

Special Listing Condition None

Listed by Jodi Warren • Highland Real Estate • highlandrealestatellc@gmail.com

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingrealestate.co

1800 Central Ave, Charlotte, NC, 28205, USA