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Mount Holly approves sale of 131 South Main to RTR Property Management for $600,000
Summary
The Mount Holly City Council voted to approve a developmental agreement to sell 131 South Main to RTR Property Management for $600,000, requiring a restaurant, office space, a 36‑month construction deadline and relocation of museum artifacts before closing.
The Mount Holly City Council approved a developmental agreement on Sept. 8, 2025, to sell 131 South Main to RTR Property Management for $600,000, setting specific reuse and construction requirements and tying the sale to a timetable and artifact relocation prior to closing.
City Manager Mister Blanton said the transaction is being processed under North Carolina General Statute 158-1 as a tool to negotiate disposition of publicly owned property, and that the agreement aims to preserve the building’s historic…
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