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    Morganton, NC
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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 Street, Maiden, NC 28650

    $324,500
    1,560 sqft

    Completely rebuilt commercial building in downtown Maiden, North Carolina.

    View details
    Restaurant Building with Patio
    Restaurant Building with Patio

    28 E Main Street, Maiden, NC 28650

    $324,500
    0.09 AC lot

    Rebuilt commercial space with a built-in bar, display windows, central HVAC, and outdoor dining area.

    View details
    Turn-Key Restaurant and Event Venue
    Turn-Key Restaurant and Event Venue

    670 Oak Ave, Spruce Pine, NC 28777

    $1,275,000

    Multi-building drive-in/grill concept with indoor dining and a full-service bar, with current ABC permits.

    View details
    Restaurant Bar with Commercial Kitchen
    Restaurant Bar with Commercial Kitchen

    14480 Meadow view, Spruce Pine, NC 28777

    Contact for pricing
    2,000 sqft

    Restaurant and bar space with a commercial kitchen, offered with owner financing for a qualified buyer.

    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

    Conventional restaurants 5
    Coffee shops 2
    Bars & Pubs 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 $405K

    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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