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Two-Story Office Building
For Sale
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Pending

300 N Green Street, Morganton, NC 28655

Fully leased property combines bank operations with outpatient pediatric rehabilitation services across multiple tenant spaces.

Property Size21,985 SF
Lot Size1.42 Acres
Days on Market143

Property Features for 300 N Green Street

General Information

Standard status Pending
Size 21,985 SF
Lot size 1.42 Acres
Property subtype Office
Occupancy 100%

Building Details

Year Built 1978
Buildings 1
Stories 2
Building Size 21,985 SF
Tenancy Multi
Listing Agency: Marcus & Millichap - Raleigh
Listed By: Donald Gilchrist · License #NC 241055
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 7:31PM

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 Marcus & Millichap - Raleigh

Investment Insights

Based on property information with market context.

This 21,985-square-foot office property occupies 1.42 acres and was built in 1978. The two-story building is fully leased, with SunTrust Bank using the ground level and Therapy Time occupying most of the upper floor. Three additional tenants complete the occupancy profile. SunTrust reimburses the landlord for taxes and operating expenses, while the other leases are structured on a gross basis.

The property sits at the signalized intersection of Green and Patterson Streets in Morganton, within the market’s banking hub. Wells Fargo, Bank of America, BB&T, and First Citizens are also identified in the surrounding banking concentration. Morganton is part of the Hickory MSA, which has a population of 365,000, and is located 73 miles northwest of Charlotte and 56 miles east of Asheville.

Key Highlights

  • 21,985‑square‑foot office building on 1.42 acres
  • Built in 1978 and fully leased
  • Two‑story configuration with SunTrust Bank on the ground floor

Property Analytics

Current Use

Speech Therapy Physician ResCare HomeCare Home Health Care Service Laura Caudle Physician Jessica Bowers Physician Lindsay Jackson Physician

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Electrical Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,157
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased property combines bank operations with outpatient pediatric rehabilitation services across multiple tenant spaces.
Where is this office building located?
The property is located at 300 N Green Street Morganton, NC.
What are key features of this property?
This property features: 21,985‑square‑foot office building on 1.42 acres; Built in 1978 and fully leased; Two‑story configuration with SunTrust Bank on the ground floor
(336) 217-7970 Call to check price and availability
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