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Highway Frontage Commercial Property
For Sale
$289,000

2425 Us 70 Highway W Unit 1, Morganton, NC 28655

Commercial property with highway frontage, storage, and leasing potential.

Property Size1,200 SF
Price / SF$240.83
Days on Market804

Property Features for 2425 Us 70 Highway W Unit 1

General Information

Standard status Active
Size 1,200 SF
Property subtype Office

Building Details

Year Built 1949
Listing Agency: The Marion Agency LLC
Listed By: Cindy Ledbetter · License #215836
Source: Xome
Added: May 18, 2024 Changed: Jul 6 Last Checked: Jul 30 at 2:42AM

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 The Marion Agency LLC

Investment Insights

Based on property information with market context.

Located on the corner of Highway 70 and Dysartsville Road, this commercial property offers excellent road frontage on both sides. It has been used as a boat storage and repair shop. The front building is currently leased to a roofing company, and the lease needs to be honored by the new buyer. The garage area and fenced-in area could be leased for additional income. The 4-bay garage and fenced-in area are not currently subject to a lease. This location would be suitable for various businesses. Additional storage sheds and a carport will transfer with the property. The front building has had some updates within the last few years, including a new heat pump. The property size is 1200 square feet. The owner may consider owner financing with a large down payment.

Key Highlights

  • Excellent road frontage on two major roads (Hwy 70 and Dysartsville RD).
  • Existing tenant (Roofing Company) provides immediate income.
  • Potential for additional income by leasing the 4‑bay garage and fenced area.

Property Analytics

Current Use

Auto shops

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Commercial property with highway frontage, storage, and leasing potential.
Where is this auto shop located?
The property is located at 2425 Us 70 Highway W Unit 1 Morganton, NC.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Excellent road frontage on two major roads (Hwy 70 and Dysartsville RD).; Existing tenant (Roofing Company) provides immediate income.; Potential for additional income by leasing the 4‑bay garage and fenced area.
More about this property
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