1603 Pennsylvania Avenue Kannapolis, NC 28083
Active Under Contract
Great location. Close to shopping and baseball stadium. Recently started renovation that is ready for completion. Brand new siding. The new owner or investor can get creative with his/her final touches.
Community - Kannapolis
Sale Price as (%) of Asking Price
Average Sale Price
Average Days On Market
Data compiled from available Multiple Listing Service sources.
Kannapolis is a charming suburb of the Charlotte metropolitan area. This friendly community is known as the hometown of the Earnhardt racing family and the home of a world-renowned research campus.
Kannapolis is an affordable community on the edge of the Greater Charlotte Area, providing a variety of housing options for exceptional prices. Kannapolis real estate includes a pleasant mixture of restored historic homes and new construction properties. The low median home price in Kannapolis makes this an especially attractive area for city commuters.
Lifestyle and Attractions
Kannapolis is a fairly large city situated northwest of Concord and northeast of Charlotte. It is considered a suburb of the Charlotte metropolitan area and is the 20th largest city in North Carolina. The city is widely known as the hometown of the Earnhardt family, as both Dale Earnhardt, Sr. and Jr. were born and raised in Kannapolis. The town is also known as the home of the North Carolina Research Campus, a groundbreaking 350-acre campus with corporations, universities and healthcare organizations focused on human health, nutrition and agriculture.
Residents enjoy watching the Kannapolis Intimidators, a minor league affiliate of the Chicago White Sox, play. The city manages a number of beautiful parks, including Baker’s Creek Park, Kannapolis Recreation Park, and Village Park, which has an amphitheater, walking trail, a train, a splash pad, a playground, picnic shelters, and more. Kannapolis is home to the North Carolina Music Hall of Fame and the Curb Motorsports Museum, debuting the town’s love for both music and cars. Annual festivals and events in Kannapolis include the Fall Festival, Kannapolis Kares Day, and more.
Nearby Schools and Higher Education
Kannapolis has eight schools in the Kannapolis City Schools, and there are seven private schools in the Kannapolis/Concord area. There are three colleges in the vicinity of Kannapolis, including Cabarrus College of Health Sciences and Rowan-Cabarrus Community College. Additionally, there are plenty of colleges and universities within reach, including Queens University, the University of North Carolina at Charlotte, Davidson College, and more.
Some believe that the name Kannapolis comes from the Greek phrase “City of Looms,” but most historians say the name comes from a man named James W. Cannon, who built Cannon Mills and the entire city as he was energizing his textile empire. The company was largely successful because of its coarse-cotton yarns made into “Cannon Cloths,” or towels.
The unincorporated city was first called “Cannon City,” then “Cannapolis” in the early 1900s, and was incorporated and named Kannapolis in 1984. James W. Cannon built an entire community around his mill, including a hospital, roads, a theater, a YMCA, and a civic center, plus 1,600 homes. By 1928, Cannon consolidated regional mills to form the Cannon Mills Company, which became the largest producer of sheets and towels in the world.
As globalization began to damage the American textile industry, Cannon Mills was forced to merge with Fieldcrest Mills, which was eventually sold to Pillowtex Corporation. The company closed its doors in 2003, resulting in a monumental layoff of 4,340 jobs.
Shortly after, David Murdock, the billionaire owner of Dole Food Company, purchased the site of the old mill and built the North Carolina Research Campus. This cutting-edge research center is emerging as a world leader in nutrition, disease prevention, and agricultural research.
Approximate Distance to:
Uptown Charlotte: 27 Miles
Charlotte Douglas International Airport: 30.5 Miles
Carolinas Medical Center-Kannapolis: 4.5 Miles
Carolinas Medical Center-Charlotte: 27.5 Miles
I-85: 3.5 Miles
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