501 N Mountain Street, Cherryville, NC 28021

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$1,700,000

bedrooms

bathrooms

square feet

Acreage

4.97

Open Houses

year built

1900

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Gaston
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 4200226

Listing agent: Jodi Warren #250480

Listing broker: Highland Real Estate, Llc (704) 215-7137

Last update: Monday, February 24 2025 at 8:51 p.m. EST

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