Morganton, NC Commercial Real Estate for Sale

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Valdese, NC Lenoir, NC Nebo, NC
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Historic Downtown Morganton Mixed-Use Property
Updated: May 15
Historic Downtown Morganton Mixed-Use Property

117 W Union Street, Morganton, NC 28655

$710,000
5,460 sqft · 0.06 AC lot
Prime location in the heart of Morganton's Downtown Historic District with excellent visibility and foot traffic.
Versatile 5,460 sq ft space suitable for retail, restaurant, office, gallery, mixed‑use, or professional services.
Potential to convert upstairs offices into at least two luxury residential apartments, potentially renting for $2000+/month each.
Ground floor is currently leased commercially, providing immediate income potential.
Classic commercial Italianate‑style facade with distinctive architectural details.
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Two-Story Brick Retail/Office Building
Updated: May 11
Two-Story Brick Retail/Office Building

117 W Union Street, Morganton, NC 28655

$710,000
0.06 AC lot
Approx. 5,460 SF, two‑story brick commercial building built in 1901 in Morganton’s Downtown Historic District
Ground floor is leased commercially year to year; upstairs is not leased at this time
Upstairs offers 17 offices and 4 bathrooms
Classic commercial Italianate‑style facade with distinctive cornice and arcaded corbelling features
Located at 117 W Union St on West Union Street with commercial/visitor activity nearby
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Flexible Office and Wellness Suite
Flexible Office and Wellness Suite

1303 S Sterling Street, Morganton, NC 28655

$239,000
0.18 AC lot

Updated former hair salon with private rooms, reception and break space, and washer/dryer connections for office or wellness use.

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Two-Level Office Suite
Two-Level Office Suite

408 S Green Street, Morganton, NC 28655

$475,000
0.23 AC lot

Two-level office space with seven offices, an open conference area, kitchenette, and ADA-accessible restroom in downtown Morganton.

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Turnkey Bar Opportunity in Morganton
Turnkey Bar Opportunity in Morganton

2617 NC 18 US 64 Highway, Morganton, NC 28655

$210,000
864 sqft · 0.96 AC lot

Established bar business, building, and land for sale.

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Established Seafood Business Opportunity
Established Seafood Business Opportunity

410 E Fleming Drive, Morganton, NC 28655

$650,000
1.28 AC lot

Turnkey seafood business with real estate and equipment included.

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Residential Development Land with Utilities
Residential Development Land with Utilities

4322 Kirby Drive, Morganton, NC 28655

$135,000
5.32 AC lot

A 5.32-acre homesite-ready tract with well, septic, power, and a prepared pad for a single-wide.

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Highway Frontage Commercial Land Opportunity
Highway Frontage Commercial Land Opportunity

5161 NC Hwy 18 S, Morganton, NC 28655

$209,900
350 sqft · 1.44 AC lot

Versatile commercial land with office building and high traffic.

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Cleared Commercial Lot in Morganton
Cleared Commercial Lot in Morganton

N Green Street, Morganton, NC 28655

$165,000
0.75 AC lot

Commercial lot in a high-traffic area, ready for development.

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Roadside Office Building Site
Roadside Office Building Site

5161 NC Hwy 18 S, Morganton, NC 28655

$209,900
1.44 AC lot

Zoned RMU with an on-site office building, bath and shower, and substantial highway frontage for small business use.

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Waterfront Farmland with Creek Frontage
Waterfront Farmland with Creek Frontage

3 Morrison Road, Morganton, NC 28655

$165,000
13.38 AC lot

13.4-acre tract with 1,000+ feet of Silver Creek frontage, hay field, and paved road access suitable for septic.

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Foothills Hay and Timber Tract
Foothills Hay and Timber Tract

2 Morrison Road, Morganton, NC 28655

$195,000
12.86 AC lot

Scenic foothills tract with hay fields, mature hardwood forest, two streams, and paved frontage with water, power, septic-suitable soils.

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Unrestricted Foothills Hay Field Land
Unrestricted Foothills Hay Field Land

1 Morrison Road, Morganton, NC 28655

$165,000
10.51 AC lot

10.5-acre open hay field with paved road frontage, public water, power, and soils suited for septic.

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Land with Highway Frontage
Land with Highway Frontage

804 Burkemont Avenue, Morganton, NC 28655

$995,000
2.48 AC lot

2.48 acres with high traffic and development potential.

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Prime Downtown Morganton Land Parcel
Prime Downtown Morganton Land Parcel

Stoney Place, Morganton, NC 28655

$249,000
0.78 AC lot

0.78 acre lot near downtown, ideal for development.

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Restaurant Site on 2.75 Acres
Restaurant Site on 2.75 Acres

309 Enola Road, Morganton, NC 28655

$1,799,900
2.75 AC lot

2.75-acre restaurant site near I-40, ready for business.

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Morganton Land For Sale
Morganton Land For Sale

615 Carbon City Road, Morganton, NC 28655

$175,000
3.32 AC lot

Level 3.3-acre site in Morganton city limits.

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Unrestricted Acreage with Hay Field
Unrestricted Acreage with Hay Field

4 Morrison Road, Morganton, NC 28655

$79,000
2.49 AC lot

Unrestricted 2.5-acre lot with hay field, pine plantation, mountain views, and utilities available for septic-ready development.

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Golf Course Lot in Morganton
Golf Course Lot in Morganton

4269 Aaron Court, Morganton, NC 28655

$54,900
0.91 AC lot

0.91 acre golf course lot with scenic views.

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Prime Commercial Land I-40 Exit
Prime Commercial Land I-40 Exit

Fiddlers Run Boulevard, Morganton, NC 28655

$950,000
1.40 AC lot

1.4 acres of commercial land ready for development.

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Redevelopment Opportunity Near Interstate 40
Redevelopment Opportunity Near Interstate 40

2006 S. Sterling St., Morganton, NC 28655

$150,000
2.84 AC lot

2.84 acres with high visibility and access near I-40.

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Commercial Lot in Morganton, NC
Commercial Lot in Morganton, NC

1261 Burkemont Avenue, Morganton, NC 28655

$385,500
1.07 AC lot

Over 1 acre commercial lot with high visibility.

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Downtown Glen Alpine Business Opportunity
Downtown Glen Alpine Business Opportunity

106 Linville Street, Morganton, NC 28655

$229,000

Commercial property in downtown Glen Alpine suitable for various businesses.

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Brewery Opportunity in Downtown Morganton
Brewery Opportunity in Downtown Morganton

212 S Green Street, Morganton, NC 28655

$1,750,000
7,086 sqft · 0.72 AC lot

Fully upfitted brewery with tap room and canning line.

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Morganton, NC Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Morganton, NC, showcased through 71 active listings on our real estate platform. These investment opportunities span a total of 149,915 square feet of properties for sale, with an estimated market value of $17,101,072.

Sale prices for business properties in Morganton, NC start at $209,900, averaging $1,221,505, and reaching up to $7,317,473 — 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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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 $555.4K
28680 $675K

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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