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207 E Virginia Ave - Downtown Redevelopment Site Near Osage Mills 0.88 Acres of Commercial Land Offered at $269,000 in Bessemer City, NC 28016
Investment Highlights
- High visibility and traffic near Center City and frontage on East Virginia Ave.
- Sidewalk in place.
- Alleyway in back of property for more access!
- On street parking.
- New health care facility Kintegra is finished across the street and is open October 2024.
- Have letter for free water connection taps.
Executive Summary
Rare redevelopment opportunity in the heart of downtown Bessemer City. This highly visible site features approximately 275 feet of frontage along East Virginia Avenue (Highway 274) and is positioned within one of Gaston County's fastest-growing corridors.
The property is located within a one-minute walk of the completed Lofts at Osage Mill redevelopment, a 245,000-square-foot historic mill conversion featuring 139 apartment homes that has brought hundreds of new residents to downtown. Directly across the corridor, Kintegra Health's new medical campus provides comprehensive healthcare services and generates significant daily traffic.
With continued public and private investment, expanding residential growth, and increasing demand for commercial services, this is a rare opportunity to secure a highly visible redevelopment site in the heart of Bessemer City's revitalization. Opportunities of this size and location within the downtown district are becoming increasingly limited.
Recent approval of a nearby 19-unit, three-story townhome development further demonstrates the city's support for higher-density residential growth and continued investment in the downtown district. Existing sidewalks, on-street parking, rear alley access, and walkability to restaurants, retail, and services enhance the property's redevelopment potential.
Ideal for mixed-use, residential, retail, restaurant, office, medical, or townhome development opportunities, subject to applicable zoning and municipal approvals.
Highlights:
• 275 feet of frontage on East Virginia Avenue (Highway 274)
• One-minute walk to Lofts at Osage Mill (139 apartments)
• Near newly opened Kintegra Health campus
• Adjacent to approved 19-unit townhome development
• Sidewalks, on-street parking, and rear alley access
• Walkable downtown location
• Minutes from CaroMont Health, FUSE District, Two Kings Casino Resort, and Crowders Mountain
• Located in rapidly growing Gaston County
Property Facts
1 Lot Available
Lot
| Price | $269,000 | Lot Size | 0.88 AC |
| Price Per AC | $305,681.82 |
| Price | $269,000 |
| Price Per AC | $305,681.82 |
| Lot Size | 0.88 AC |
0.88 AC property available for $299,000. Rear alleyway, sidewalks in place, on street parking plus 245 feet of street frontage.
Description
Rare opportunity to acquire one of the premier redevelopment sites in downtown Bessemer City. This combined offering of 205 & 207 E. Virginia Avenue consists of approximately 0.88 acres with 275 feet of frontage along East Virginia Avenue, one of the city's primary commercial corridors. The property offers exceptional visibility, municipal water and sewer, sidewalks, rear alley access, and outstanding access to the Charlotte metropolitan area. Downtown Bessemer City is experiencing significant public and private investment. Osage Mills Lofts, a newly restored 139-unit apartment community, is currently leasing and is expected to add approximately 8% to the city's population upon full occupancy. This new residential growth is creating increased demand for restaurants, retail, professional office, medical services, and additional housing. The property is also within walking distance of the Kintegra Health Medical Complex, which opened in October 2024, and is located near a recently approved 19-unit townhome development, further demonstrating continued residential investment in the immediate area. Conveniently located just minutes from CaroMont Regional Medical Center, the FUSE District, Catawba Two Kings Casino, Crowders Mountain State Park, Interstate 85, and Charlotte Douglas International Airport, this location offers exceptional long-term investment potential. Whether your vision is mixed-use development, multifamily, townhomes, medical office, retail, restaurant, brewery, professional office, or an investment hold, this highly visible site offers flexibility in one of Gaston County's emerging downtown markets.
Property Taxes
| Parcel Number | 121417 | Improvements Assessment | $0 |
| Land Assessment | $31,360 | Total Assessment | $31,360 |
Property Taxes
Contact the Sale Advisor
207 E Virginia Ave - Downtown Redevelopment Site Near Osage Mills