DOWNTOWN BESSEMER CITY REDEVELOPMENT OPPORTUNITY
Rare opportunity to acquire a highly visible development site in the heart of downtown Bessemer City, one of Gaston County's fastest-growing communities. The property consists of two parcels with approximately 275 feet of frontage along East Virginia Avenue (Highway 274), providing outstanding visibility, access, and redevelopment potential.
The site is strategically positioned within walking distance of downtown Bessemer City and the recently completed Lofts at Osage Mill redevelopment, a transformative project that delivered 139 apartment homes and brought hundreds of new residents to the downtown area. Directly across the corridor is Kintegra Healthcare, creating additional daily traffic and demand for retail, office, medical, restaurant, and mixed-use development.
Adding to the area's momentum, a nearby 19-townhome community received approval on July 30, 2024, further increasing residential density and supporting future commercial activity. Sidewalks are already in place along the property frontage, on-street parking is permitted, and rear alley access provides multiple points of ingress and egress.
Property Highlights
• Approximately 275 feet of frontage on East Virginia Avenue (Highway 274)
• Two parcels included (Parcel #121417 included in total acreage)
• Walking distance to downtown Bessemer City
• Minutes from the completed 139-unit Lofts at Osage Mill redevelopment
• Near approved 19-townhome development
• Across the corridor from Kintegra Healthcare
• Sidewalk infrastructure already in place
• On-street parking available
• Rear alley access
• Excellent visibility and traffic exposure
Regional attractions and employment centers include CaroMont Health, the FUSE District, Two Kings Casino Resort, Crowders Mountain State Park, and the greater Charlotte metropolitan area.
Ideal for retail, restaurant, office, medical, professional services, mixed-use, or residential redevelopment opportunities.
1194 days
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Zillow last checked:
Listing updated:
Listed by:
Troy Traversietroysold1@gmail.com,
NorthGroup Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4023175
Facts & features
Property
Lot
Size: 0.88 Acres
Details
Parcel number: 121419
Zoning: OFF01
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Location
Region: Bessemer City
Financial & listing details
Tax assessed value: $50,600
Annual tax amount: $931
Date on market: 4/23/2023
Cumulative days on market: 1663 days
Estimated market value
Zestimate®
$167,400
Estimated sales range
$134,000 - $199,000
Rent Zestimate®
$1,359/mo
Price history
Date
Event
Price
6/11/2026
Price change
$269,000-10%
Source: Canopy MLS as distributed by MLS GRID #4023175Report a problem
4/29/2025
Listed for sale
$299,000
Source: Canopy MLS as distributed by MLS GRID #4023175Report a problem
12/31/2024
Listing removed
$299,000
Source: Canopy MLS as distributed by MLS GRID #4023175Report a problem
8/29/2023
Listed for sale
$299,000+416.4%
Source: Canopy MLS as distributed by MLS GRID #4023175Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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