Two-Story Brick Retail/Office
For Sale
$710,000
Pending
117 W Union Street, Morganton, NC 28655
SINGLE_FAMILY - Morganton, NC
Property Size5,460 SF
Lot Size0.06 Acres
Days on Market94
Property Features for 117 W Union Street
General Information
Property type
Residential
Property subtype
Retail
Zoning description
R-3
Standard status
Pending
APN
2954
Lot size
0.06 Acres
Taxes and HOA fees
Tax Description
Metes and Bounds
Legal Description
Metes and Bounds
Building Details
Year built
1901
Listing Agency:
FK and Associates Real Estate Firm
(727) 804-6058
Listed By:
Freddy Karmatz · License #282367
(727) 804-6058
Added: May 11
Changed: Jun 20
Last Checked: Aug 12 at 9:06AM
MLS# 4380733
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
117 W Union Street in Morganton, NC is a two-story brick commercial building within the Downtown Historic District. The property presents a classic Italianate-style facade, with three two-over-two upper-level windows topped by connected segmental arches, along with a distinctive cornice and recessed panel above arcaded corbelling. The ground floor is leased commercially on a year-to-year basis. The upper level includes 17 offices and 4 bathrooms, which are not currently leased.
The building fronts West Union Street and is positioned in the heart of downtown, steps from shops, restaurants, offices, the historic courthouse square, and community events. The property is described as having commercial visibility consistent with its street frontage.
This configuration can support a variety of operating models. The ground-floor tenant situation indicates existing commercial use, while the upstairs office layout may accommodate professional services or office-based operations. The property remarks also note the possibility of other uses such as retail, restaurant, gallery, or mixed-use combinations (retail with upstairs apartment/loft), with all uses to be confirmed with the City of Morganton prior to occupancy.
The building fronts West Union Street and is positioned in the heart of downtown, steps from shops, restaurants, offices, the historic courthouse square, and community events. The property is described as having commercial visibility consistent with its street frontage.
This configuration can support a variety of operating models. The ground-floor tenant situation indicates existing commercial use, while the upstairs office layout may accommodate professional services or office-based operations. The property remarks also note the possibility of other uses such as retail, restaurant, gallery, or mixed-use combinations (retail with upstairs apartment/loft), with all uses to be confirmed with the City of Morganton prior to occupancy.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
17
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
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Similar Off Market Nearby
- Crescent Flowers and Moonlighting Antiques — 201 Avery Ave, Morganton, NC 28655
- Thistle and Twig Flowers — 304 S Sterling St Suite 102, Morganton, NC 28655
Frequently Asked Questions
What type of property is this?
Storefront property - Two-story brick building with historic facade, leased ground floor, and office space upstairs in downtown Morganton.
Where is this storefront property located?
The property is located at 117 W Union Street Morganton, NC.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 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
