Conventional Restaurant

Morganton, NC Conventional Restaurants for Sale

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Turnkey Seafood Restaurant Storefront
Updated: Jul 11, 2025
Turnkey Seafood Restaurant Storefront

410 E Fleming Drive, Morganton, NC 28655

$650,000
1.28 AC lot
Established seafood business with 42 years of proven operations, built in 1950
Two lots included with a solid building on E. Fleming
Retail storefront leased at $1,250/month with $100 yearly increments
Fully outfitted retail/restaurant equipment package includes $50K in equipment, plus new Thermo King freezer and $25K cooler
Includes five trucks: two 2019 Isuzus, a 2000 Isuzu, a 2006 GMC, and a 2016 Chevy
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Single-Tenant Freestanding Restaurant
Updated: Apr 11
Single-Tenant Freestanding Restaurant

2156 S Sterling St, Morganton, NC 28655

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Single‑tenant, freestanding LongHorn Steakhouse leased on an absolute triple net (NNN) basis.
Lease term extends through July 2030 with a 10% rent escalation in July 2025.
LongHorn has four (4) additional 5‑year lease options, each with a 10% rent escalation upon execution.
Located on S Sterling Street at the intersection with I‑40 (Exit 105) with combined traffic counts of ~66,000 vehicles per day (VPD).
Site repositioning completed in 2020, including a new signalized intersection and road (Albert Tron Boulevard) opened in early March 2020 alongside the restaurant.
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Restaurant Building on Two Acres
Restaurant Building on Two Acres

2000 Johns River Loop, Morganton, NC 28655

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2.00 AC lot

Former restaurant building with foyer entry, full kitchen, walk-in cooler, and two bathrooms on two acres.

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Gas Station With Convenience Store
Gas Station With Convenience Store

2501 Enola Rd, Morganton, NC 28655

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The property combines fuel service with convenience retail and restaurant uses.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

LongHorn Steakhouse NNN Ground Lease
LongHorn Steakhouse NNN Ground Lease

975 Blowing Rock Blvd, Lenoir, NC 28645

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4,979 sqft

NNN ground lease with a nationally recognized casual-dining operator.

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Freestanding Retail Storefront
Freestanding Retail Storefront

2455 US Highway 70 SE, Hickory, NC 28602

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Standalone commercial building at a lighted corner with direct US-70 SE frontage.

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Restaurant Building with Bar
Restaurant Building with Bar

954 Blowing Rock Blvd, Lenoir, NC 28645

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6,598 sqft

The layout includes dedicated dining, kitchen, and bar areas for restaurant operations.

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Two-Building Storefront Property
Two-Building Storefront Property

6 & 10 1st Avenue NW, Hickory, NC 28601

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Includes an occupied restaurant building and a second structure with exposed brick, wood floors, and large windows.

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Morganton, NC Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Morganton, NC, showcased through 4 active listings on our real estate platform.

Sale prices for conventional restaurants in Morganton, NC average $650,000 — 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 $650K

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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