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Former Restaurant Building
For Sale
$200,000

203 N Cherry Street, Gastonia, NC 28052

Commercial Sale, Gastonia, NC

Property SizeContact for details
Lot Size0.17 Acres
Days on Market330

Property Features for 203 N Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description RET01
Standard status Active
APN 103729
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description R H PARKER L 20-21 01 020 089 00 000
Legal Description R H PARKER L 20-21 01 020 089 00 000

Building Details

Year built 1962
Listing Agency: Exclusive Realty LLC
Listed By: Deanna Smith
Added: Oct 24, 2025 Changed: Sep 2 Last Checked: Sep 18 at 7:06AM
MLS# 4315976

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a building constructed in 1962 on a 0.17-acre parcel. The structure previously served restaurant operations, while the equipment inside is offered separately from the real estate.

The property is located at 203 N Cherry Street in Gastonia, North Carolina, within Gaston County and ZIP Code 28052.

Key Highlights

  • Former restaurant use
  • 1962 construction
  • 0.17‑acre parcel

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Hotels & Casinos 24%
Truist Shops & Services
6,542 visits/mo 0.5 miles
The Esquire Hotel Downtown Gastonia, Ascend Hotel Collection Hotels & Casinos
3,451 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,711 visits/mo 0.2 miles
Mr. Tire Shops & Services
1,197 visits/mo 0.4 miles
U-Haul Neighborhood Dealer Shops & Services
806 visits/mo 0.3 miles

Demographics for 28052, NC

35,332
Population
15,561
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
83%
High-School Grad
41.4 sq mi
ZIP Area
853
Density / Sq Mi
$46,015
Median Household Income
$34,339
Median Earnings
$1,058
Median Rent
$173,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Building formerly used for restaurant operations, with interior equipment handled separately from the real estate.
Where is this conventional restaurant located?
The property is located at 203 N Cherry Street Gastonia, NC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Former restaurant use; 1962 construction; 0.17‑acre parcel
More about this property
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