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501 N Mountain Street, Cherryville, NC, 28021
Historic Mill Redevelopment Property

501 N Mountain Street Cherryville, NC 28021

For Sale
$1,700,000

Historic Cherryville Mill on 4.97 acres with substantial road frontage and approved RMF zoning.

Property Size152,250 SF
Price / SF$11.17
Days on Market604

Property Features for 501 N Mountain Street

General Information

Standard status Active
Size 152,250 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Highland Real Estate
Listed By: Jodi Warren
Source: Techrealtyllc
Added: Dec 2, 2024 Changed: Jul 26 Last Checked: Jul 29 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Highland Real Estate

Investment Insights

Based on property information with market context.

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 retains much of its original character, including exposed brick walls, large wooden beams, and soaring ceilings, providing strong visual features for redevelopment.

The mill is positioned about 0.4 miles from the developing downtown of Cherryville. The City of Cherryville and Gaston County have voiced strong support for redevelopment, and the area is described as benefiting from multiple major housing projects underway.

This site is presented for redevelopment into apartments, townhomes, or mixed-use residential space. It is also being marketed as an excellent subject for a 1031 exchange.

Key Highlights

  • Historic Cherryville Mill built in 1900 with over 152,000 SF of space
  • 4.97‑acre lot with over 996 ft of road frontage
  • Approved RMF zoning for redevelopment into apartments, townhomes, or mixed‑use residential

Property Analytics

Location Intelligence

Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Manufacturing property - Historic Cherryville Mill on 4.97 acres with substantial road frontage and approved RMF zoning.
Where is this manufacturing property located?
The property is located at 501 N Mountain Street Cherryville, NC.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Historic Cherryville Mill built in 1900 with over 152,000 SF of space; 4.97‑acre lot with over 996 ft of road frontage; Approved RMF zoning for redevelopment into apartments, townhomes, or mixed‑use residential
More about this property
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