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Restaurant Site on 2.75 Acres
For Sale
$1,799,900

309 Enola Road, Morganton, NC 28655

COMMERCIAL - Morganton, NC

Lot Size2.75 Acres
Days on Market487

Property Features for 309 Enola Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description HID
Lot features Corner Lot, Paved
Standard status Active
APN 2702659992
Lot size 2.75 Acres

Taxes and HOA fees

Tax Description REID# 53014
Legal Description REID# 53014
Listing Agency: C Shane Cook & Associates
Listed By: Allen Curtis · License #287846
Added: Apr 1, 2025 Changed: May 19 Last Checked: Jul 31 at 12:06AM
MLS# 4241270

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 2.75-acre site, formerly a thriving restaurant, is available for purchase. The property, consisting of 5 parcels, is zoned HID and is located at 309 Enola Road, Morganton, NC 28655, at the entrance of a shopping center that includes Food Lion, Bin 5, and Peak Performance Fitness. Situated just off I-40 Exit 104, the location benefits from an average daily traffic count of over 10,000 vehicles. City sewer and water services are available, making this site suitable for a variety of commercial uses.

Key Highlights

  • High‑traffic location: Over 10,000 average daily traffic count, situated just off I‑40 Exit 104.
  • Zoned HID: Offers diverse development opportunities.
  • Large Acreage: 2.75+- acres provides ample space for redevelopment.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Dental Office Hair Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 55% Shops & Services 37% Home Improvements & Furnishings 5% Electronics 3%
Food Lion Grocery Store Groceries
24,653 visits/mo 0.3 miles
State Employees Credit Union Shops & Services
16,697 visits/mo 0.1 miles
American Freight Furniture Mattress Appliance Home Improvements & Furnishings
2,095 visits/mo 0.3 miles
Boost Mobile Electronics
1,430 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

Properties on Market for Restaurants in Morganton

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Restaurant - 2.75-acre restaurant site near I-40, ready for business.
Where is this restaurant located?
The property is located at 309 Enola Road Morganton, NC.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: High‑traffic location: Over 10,000 average daily traffic count, situated just off I‑40 Exit 104.; Zoned HID: Offers diverse development opportunities.; Large Acreage: 2.75+- acres provides ample space for redevelopment.
More about this property
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