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    109 Main St Morganton, NC 28655

    For Sale
    $695,000

    9,180 SF Retail Space, Ample Parking, High Visibility

    Property size:
    9,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 9,180 square foot freestanding retail building presents a unique investment opportunity in Morganton, North Carolina. Located at 109 Main Street, this property sits on a 1.05-acre lot and offers unparalleled flexibility for a wide range of commercial ventures. The building boasts a completely open floor plan, allowing for customized layouts to perfectly suit your business needs. No interior walls currently exist, providing a blank canvas for your vision. The property features a robust 400 amp, 3-phase electrical service, ensuring ample power for even the most demanding operations. Accessibility is ensured with wheelchair-accessible restrooms. Ample on-site parking is available for customers and employees. The strategic location benefits from high visibility due to its proximity to a high-traffic Dollar General store, guaranteeing significant drive-by exposure. The property is zoned GB/B-2, permitting a variety of commercial uses, making it an ideal location for a diverse range of businesses. This is a rare chance to acquire a versatile, well-located retail space in a business-friendly area. The asking price is $695,000. Don't miss this chance to establish your business in a prime Morganton location.

    Property Features for 109 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    9,180 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy Skin Care Clinic Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.77807
    Latitude
    35.72806

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    FAQs

    What type of property is this?
    Retail property - 9,180 SF Retail Space, Ample Parking, High Visibility
    Where is this retail property located?
    The property is located at 109 Main St Morganton, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    (828) 254-9842
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    109 Main St Morganton, NC 28655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Main St Morganton, NC 28655
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