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    Turnkey Restaurant in Historic Building
    Updated: Jun 12, 2025
    Turnkey Restaurant in Historic Building

    102 Linville Street, Morganton, NC 28655

    $599,900
    4,640 sqft
    Turnkey, fully equipped restaurant – ready for immediate operation or expansion.
    Historic building (circa 1902) in a prominent corner location in Glen Alpine.
    Recent updates including a new roof (2024), new kitchen fixtures, POS system, and security system.
    Upstairs lounge with full bar (ABC licenses), TVs, and stage for entertainment.
    Unique features such as a train passing by daily and an old‑fashioned jukebox.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Maiden Commercial Building For Sale
    Downtown Maiden Commercial Building For Sale

    28 E Main St, Maiden, NC 28650

    $324,500
    1,560 sqft

    Completely rebuilt commercial building in downtown Maiden, North Carolina.

    View details
    Rebuilt Downtown Storefront
    Rebuilt Downtown Storefront

    28 E Main Street, Maiden, NC 28650

    $324,500
    0.09 AC lot

    C-1 zoning, central HVAC, and a patio complement the renovated commercial interior.

    View details
    Turnkey Restaurant and Bar
    Turnkey Restaurant and Bar

    1-111 Broadway St, Asheville, NC 28801

    $1,300,000

    Two-entrance bar and restaurant property includes fixtures and equipment for operations, with outdoor parklets for dining.

    View details
    Turnkey Mixed-Use Property with Rooftop
    Turnkey Mixed-Use Property with Rooftop

    122 College St, Asheville, NC 28801

    Contact for pricing
    11,885 sqft

    Turnkey mixed-use building with furnished residences above two fully leased restaurant and bar spaces.

    View details

    Morganton, NC Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Morganton, NC on our real estate platform. These investment opportunities span a total of 4,640 square feet of properties for sale, with an estimated market value of $599,900.

    Sale prices for pubs in Morganton, NC average $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1
    Turn key restaurants 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +2.9%
    Median Household Income $53,464
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

    Identify Morganton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28655 $599.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.57%
    Property Tax per SF $12.66 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Burke County

    New Delisted

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