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Historic Manufacturing Mill
New
For Sale
$1,700,000
Pending

501 N Mountain Street, Cherryville, NC 28021

RMF zoning and retained brick, timber, and high-ceiling interiors provide a distinct framework for redevelopment.

Property Size152,000 SF
Lot Size4.97 Acres
Days on Market7

Property Features for 501 N Mountain Street

General Information

Standard status Pending
Size 152,000 SF
Lot size 4.97 Acres
Property subtype Commercial
Zoning RMF

Additional Details

Road Access Yes

Building Details

Year Built 1900
Building Size 152,000 SF
Construction brick and beam
Listing Agency: Highland Real Estate
Listed By: Jodi Warren
Source: Geoffcampbell
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 26 at 4:11AM

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

Rey
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Investment Insights

Based on property information with market context.

The historic Cherryville Mill is a manufacturing property with more than 152,000 square feet across a 4.97-acre site. Exposed brick, substantial wood beams, and high ceilings remain among its interior features. The building dates to 1900 and carries RMF zoning, with potential residential and mixed-use redevelopment identified for the property.

The site has over 996 feet of road frontage and sits 0.4 miles from downtown Cherryville. Both Cherryville and Gaston County have expressed support for repurposing the mill.

Key Highlights

  • More than 152,000 square feet of building area
  • 4.97‑acre site with over 996 feet of road frontage
  • RMF zoning; residential and mixed‑use redevelopment potential identified

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store Parking Lot & Garage

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 28021, NC

13,669
Population
6,306
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
58.8 sq mi
ZIP Area
232
Density / Sq Mi
$57,652
Median Household Income
$37,703
Median Earnings
$874
Median Rent
$196,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - RMF zoning and retained brick, timber, and high-ceiling interiors provide a distinct framework for redevelopment.
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: More than 152,000 square feet of building area; 4.97‑acre site with over 996 feet of road frontage; RMF zoning; residential and mixed‑use redevelopment potential identified
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