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Turnkey Restaurant in Historic Building
For Sale
$599,900

102 Linville Street, Morganton, NC 28655

Fully equipped restaurant in Glen Alpine's historic 1902 building.

Property Size4,640 SF
Price / SF$129.29
Days on Market436

Property Features for 102 Linville Street

General Information

Standard status Active
Size 4,640 SF

Building Details

Year Built 1902
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES BLUE RIDGE REALTORS
Listed By: JONA HARRELL
Source: Corcoran
Added: Jun 12, 2025 Changed: Mar 16 Last Checked: Aug 20 at 6:39AM

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 BERKSHIRE HATHAWAY HOMESERVICES BLUE RIDGE REALTORS

Investment Insights

Based on property information with market context.

This turnkey, fully equipped restaurant presents a business opportunity for those looking to enter or expand within the restaurant industry. Situated in the town of Glen Alpine, the historic building, dating back to 1902, is located at the corner of Catawba and Linville Streets. Aptly named Glen Alpine Station, the train passes by the front doors daily. Recent updates include a new roof in 2024, new kitchen fixtures, a POS system, security system, and downstairs booth seating. Patrons can enjoy music on the old-fashioned jukebox while dining. An ornate wood staircase leads to the upstairs lounge area, which features a full bar with ABC licenses, flat screen TVs, and a small stage suitable for local musicians or karaoke. The upstairs area showcases original refurbished hardwood floors and arched windows with views over Main Street, as well as long range mountain views. The property size is 4640 square feet.

Key Highlights

  • 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.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Auto Repair Shop Restaurant Hair Salon Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
4,634 visits/mo 0.3 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

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
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Frequently Asked Questions

What type of property is this?
Restaurant - Fully equipped restaurant in Glen Alpine's historic 1902 building.
Where is this restaurant located?
The property is located at 102 Linville Street Morganton, NC.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 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.
More about this property
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