Cherryville, NC Residential income properties for Sale: Buy Residential Income Properties Near You

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.

Multi-Building Retail Property

969 Reepsville Rd, Lincolnton, NC 28092

$840,275

4,000 sqft · 1.47 AC lot

Former hardware retail site with five structures, substantial improvements, and road frontage in Lincolnton, NC.

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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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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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MULTI_FAMILY - Kings Mountain, NC

109 Fulton St, Kings Mountain, NC 28086

$1,695,000

0.95 AC lot

Mixed-use and residential properties near Highway 74 and I-85.

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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.

Land in Cherryville, North Carolina

LOT Black Rock School Road, Cherryville, NC 28021

$899,900

33.65 AC lot

Land for sale, suitable for builders and horse owners.

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Wooded Acreage Homesite

7.10+/-AC Bess Road lot: K, Bessemer City, NC 28016

$127,800

7.10 AC lot

A 7.10+/- acre wooded parcel suitable for a custom home or recreational retreat with no HOA restrictions.

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Residential Land Tract

5+/-AC Eaker Road lot: 1, Bessemer City, NC 28016

$90,000

5.00 AC lot

A 5+/- acre homesite with mature trees and privacy on Eaker Road, offered with minimal restrictions and no HOA.

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Cleared Land on Highway 150

NC Highway 150 W, Crouse, NC 28033

$189,000

10.00 AC lot

10 acres of cleared land on Highway 150 in Crouse.

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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 Residential Income Properties Market Trends and Statistics

Explore 3 residential income 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 residential income 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 Residential Income Properties for Sale

501 N Mountain Street, Cherryville, NC 28021

501 N Mountain Street, Cherryville, NC 28021