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Retail Space with New Roof
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101 Steakhouse Rd, Morganton, NC 28655

HID zoning, substantial parking, and direct I-40 access support a versatile commercial setting.

Property Size7,566 SF
Lot Size1.87 Acres
Price / SF$198.26
Days on Market5

Property Features for 101 Steakhouse Rd

General Information

Standard status Active
Size 7,566 SF
Lot size 1.87 Acres
Property subtype RETAIL
Zoning HID

Additional Details

Highway Access Yes
Listing Agency: Prism Commercial Real Estate
Listed By: Tony Jarrett
Source: Moodyscre
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 13 at 10:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prism Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail property contains 7,566 square feet on a 1.87-acre site. The building is supported by substantial on-site parking and is designated HID, or High Intensity District, zoning. A new roof, gutters, and downspouts are identified for 2026, adding a clearly defined upcoming property improvement.

Located at 101 Steakhouse Rd in Morganton, the property offers quick access to I-40. Its combination of retail-oriented space, a sizeable site, parking, highway connectivity, and high-intensity zoning creates a practical commercial setting for a range of retail applications.

Key Highlights

  • 7,566 square feet of retail space
  • 1.87‑acre commercial site
  • Quick access to I‑40

Property Analytics

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Current Use

Carolina Smoke Barbeque ... Restaurant Carolina Smoke Legendary ... Restaurant

Suggested Use

Top Pick Building Supply Law Firm Storage Facility Kitchen & Bath Showroom Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
248k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 80% Shops & Services 18% Hotels & Casinos 2%
McDonald's Dining
40,081 visits/mo 0.3 miles
LongHorn Steakhouse Dining
30,982 visits/mo 0.4 miles
Starbucks Dining
29,272 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
28,491 visits/mo 0.2 miles
Speedway Shops & Services
23,698 visits/mo 0.4 miles

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - HID zoning, substantial parking, and direct I-40 access support a versatile commercial setting.
Where is this retail space located?
The property is located at 101 Steakhouse Rd Morganton, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,566 square feet of retail space; 1.87‑acre commercial site; Quick access to I‑40
(828) 312-4846 Call to check price and availability
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