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$ 1,700,000
Est. payment | /mo
4.97 Acres Lot
$ 1,700,000
Est. payment | /mo
4.97 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4200226
Year Built 1900
Lot Size 4.970 Acres
Acres 4.97
Property Description
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 presents an exciting opportunity for redevelopment into apartments, townhomes, or mixed-use residential space and would make an excellent subject for a 1031 exchange. Both the city of Cherryville and Gaston County are eager to see this property repurposed and have voiced strong support for redevelopment. The mill retains much of its original character, with exposed brick walls, large wooden beams, and soaring ceilings that would add character and appeal to any redevelopment project. Its strategic location just 0.4 miles from the developing downtown of Cherryville, places it at the center of a thriving area with several major housing projects underway. Cherryville is set to experience significant economic growth, driven in part by a slated lithium mine expected to create thousands of new jobs.
Location
State NC
County Gaston
Zoning RMF
Rooms
Basement Other
Interior
Inclusions Building, Fixtures, Inventory, Land
Building
Lot Description Corner Lot
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jodi Warren • Highland Real Estate • highlandrealestatellc@gmail.com
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Matt Osman
REALTOR® | Lic# NC 299133 | SC 107545