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.
Chance to own an event venue or small retail store. Located next to the J. Ralph Beam, Jr. Heritage Park. Behind the Chamber of Commerce. Renovated with in the past 6 years. Two bathrooms added
Approx .94 acres on Lincolnton Highway, zoned B3 Commercial. Two separate parcels being sold together. Located a half of mile from Cherryville Walmart! City water & sewer available. High traffic area! Motivated Seller, call agent for details!
The property features ample office space, providing a conducive environment for businesses of all scales. Whether you're a startup looking to establish your presence or an established enterprise seeking room to grow, this space offers flexibility and functionality. With a versatile retail store included, the possibilities are endless. Whether you envision a boutique, a cafe, or a showroom, this space offers a blank canvas to bring your retail dreams to life. Benefit from high visibility and foot traffic in a bustling commercial district. Their is also a full basement with additional office spaces and huge storage spaces, and a loading dock. The smaller building currently is under lease until Dec 31 ,2024 with option to extend. The office space 2 is also currently under lease until 12-31-2024.
The median home value in Cherryville, NC is $250,000. This is lower than the county median home value of $286,200. The national median home value is $338,100. The average price of homes sold in Cherryville, NC is $250,000. Approximately 58.85% of Cherryville homes are owned, compared to 32.1% rented, while 9.05% are vacant. Cherryville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cherryville real estate agent to arrange a tour today!
Cherryville, North Carolina has a population of 6,044. Cherryville is more family-centric than the surrounding county with 39.56% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Cherryville, North Carolina is $51,938. The median household income for the surrounding county is $56,819 compared to the national median of $69,021. The median age of people living in Cherryville is 38.2 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 47.5 inches per year, with 4.7 inches of snow per year.