Cherryville, NC Multifamily properties for sale

Updated: Dec 2, 2024

Historic Mill Redevelopment Opportunity

501 N Mountain Street, Cherryville, NC 28021

$1,700,000

4.97 AC lot

Redevelopment Opportunity: Approved RMF zoning ideal for apartments, townhomes, or mixed‑use residential development.
Size and Space: Over 152,000 square feet on a 4.97‑acre lot.
Strategic Location: Situated just 0.4 miles from Cherryville's developing downtown.
Economic Growth Potential: Located in an area anticipating significant economic growth.
Historic Character: Features original exposed brick walls, large wooden beams, and soaring ceilings.

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Updated: Apr 23, 2024

Historic Mill Redevelopment Opportunity

501 N Mountain Street, Cherryville, NC 28021

$1,700,000

152,000 sqft · 4.97 AC lot

Redevelopment Opportunity: Approved RMF zoning allows for apartments, townhomes, or mixed‑use residential development.
Size and Land: Over 152,000 sq ft of space on a 4.97‑acre lot with 996 ft of road frontage.
Prime Location: Situated 0.4 miles from Cherryville's developing downtown area.
Economic Growth Potential: Located in an area expected to experience significant economic growth due to a slated lithium mine.
Strong support for repurposing the property from both the city of Cherryville and Gaston County.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Cherryville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Two 3BR Units

108-110 Carpenter Street, Lincolnton, NC 28092

$419,000

0.25 AC lot

Duplex featuring two separate 3-bedroom, 2.5-bath units with individually metered utilities near Lincolnton downtown.

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Turnkey Duplex Investment Opportunity

624 Brevard Street, Kings Mountain, NC 28086

$368,500

1.36 AC lot

Two remodeled homes on 1.36 acres near Crowders Mountain.

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COMMERCIAL - Kings Mountain, NC

605 N Piedmont Ave, Kings Mountain, NC 28086

$1,695,000

1.53 AC lot

For-sale AU-zoned commercial and multi-unit residential portfolio offered together, with tenant-occupied homes and additional workshop space.

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Lincolnton Mobile Home Park Investment

00 Turner Street, Lincolnton, NC 28092

$185,000

Cash-flowing mobile home park near downtown Lincolnton with income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Charlotte Land with Income Potential

4650, 4654 & 4600 Bright Road, Charlotte, NC 28214

$1,400,000

7.09 AC lot

Income-producing property near Lake Wylie with development potential.

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Bostic Land with Mountain Views

158 Dusty Hollow, Bostic, NC 28018

$70,000

3.28 AC lot

3.28 acres with camper, shed, and essential utilities.

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Residential Lot in Gaffney, SC

500 Holly Street, Gaffney, SC 29340

Contact for pricing

0.40 AC lot

Level lot suitable for custom or mobile home.

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Unrestricted Acreage with Highway Frontage

Lot 2 Doggett Grove Road, Forest City, NC 28043

$45,000

1.93 AC lot

1.93 acres with city water and highway frontage.

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Off-Market Properties in Cherryville, NC

Consider similar Off-Market properties in Cherryville, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

600 1st St, Cherryville, NC 28021

Value Estimation by Request

0.21 AC lot

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Cherryville, NC Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Cherryville, NC on our real estate platform. These investment opportunities span a total of 152,000 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for multifamily properties in Cherryville, NC start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
28021	$1.7M

Neighborhood

Average Price

28021

$1.7M

Cherryville, NC Multifamily Properties for Sale

501 N Mountain Street, Cherryville, NC 28021

501 N Mountain Street, Cherryville, NC 28021