Morganton Land Investment
For Sale
$3,199,000
Pending
1307 E Union Street, Morganton, NC 28655
LAND - Morganton, NC
Property SizeContact for details
Lot Size71.00 Acres
Days on Market796
Property Features for 1307 E Union Street
General Information
Property type
Land
Property subtype
Other
Zoning
MID
Zoning description
Morganto
Lot features
Creek Front, Level, Paved, Private, Creek/ Stream, Wooded
Elementary school
Hillcrest
Middle school
Walter Johnson
High school
Freedom
Directions
From Downtown Morganton, travel South Sterling Street. Turn left onto East Meeting Street. Travel East Meeting Street until it turns into East Union Street. Property on left. See sign.
Standard status
Pending
APN
2704905583
Lot size
71.00 Acres
Taxes and HOA fees
Tax Description
Burke County Register of Deeds 2285/185 & 2218/65
Legal Description
Burke County Register of Deeds 2285/185 & 2218/65
Utilities
Sewer type
Public Sewer
Building Details
Additional Structures
Outbuilding
Listing Agency:
C Shane Cook & Associates
(828) 437-7400
Listed By:
Allen Curtis · License #287846
(828) 443-7318
Added: Jun 15, 2024
Changed: Aug 3
Last Checked: Aug 19 at 12:06PM
MLS# 4151645
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.
This 71-acre property near downtown Morganton presents an investment opportunity with multiple possibilities due to its zoning, which allows for residential development, multi-family homes, or commercial development. The property currently features a historic 2-story farmhouse with 6 bedrooms and 2 bathrooms on E. Union Street. Also situated on the property is a store front on E. Union Street, originally the H.D. Leonhardt Store, circa 1910. This store was a successful general store that served the area between western Burke County and Hickory due to its convenient location. Behind the store front is a 3-bedroom, 1-bathroom cottage. The property, formerly the Leonhardt Estate on Leonhardt Hill, includes the store building, a smokehouse, well house, hen house/barn, and a mother-in-law cottage. The prominent farm home features a wrap-around porch, large kitchen, sitting room, grand dining room, living room, second story balcony, and a second story living area, in addition to the 6 bedrooms and 2 baths.
Key Highlights
- 71+-acre property near downtown Morganton offers significant investment opportunity.
- Zoning allows for residential, multi‑family, or commercial development.
- Includes a historic 2‑story, 6BR/2BA farmhouse with wrap‑around porch and multiple living areas.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Leisure 28%
Hotels & Casinos 6%
Home Improvements & Furnishings 6%
Marquee Cinemas
Leisure
9,151 visits/mo
0.1 miles
The UPS Store
Shops & Services
6,526 visits/mo
0.1 miles
Truist
Shops & Services
6,419 visits/mo
0.2 miles
Bank of America
Shops & Services
4,785 visits/mo
0.1 miles
Fairfield Inn & Suites by Marriott
Hotels & Casinos
2,070 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 71-acre Morganton property suitable for residential or commercial development.
Where is this commercial land located?
The property is located at 1307 E Union Street Morganton, NC.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: 71+-acre property near downtown Morganton offers significant investment opportunity.; Zoning allows for residential, multi‑family, or commercial development.; Includes a historic 2‑story, 6BR/2BA farmhouse with wrap‑around porch and multiple living areas.
