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Downtown Morganton Restaurant Space Available
For Lease
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309 N Green St, Morganton, NC 28655

Restaurant space in high-traffic downtown area near brewery and hotel.

Space SizeContact for details
Days on Market1109

Property Features for 309 N Green St

General Information

Standard status Active
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Collett
Listed By: Eric Engstrom · License #285282
Source: Crexi
Added: Aug 16, 2023 Changed: Aug 26 Last Checked: Aug 25 at 9:41PM

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 Collett

Investment Insights

Based on property information with market context.

Restaurant space is available in downtown Morganton, North Carolina. The space benefits from high foot traffic and proximity to Fonta Flora Brewery and the new Fairfield Inn and Suites. Currently a cold shell, the space offers possibilities for a restaurant user. The surrounding area includes other businesses. This location is suitable for a food service business.

Key Highlights

  • Located in a high foot traffic area of downtown Morganton
  • Cold shell space allows for customizable restaurant build‑out
  • Situated near popular Fonta Flora Brewery and the new Fairfield Inn and Suites

Property Analytics

Current Use

Restaurants

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Leisure 30% Hotels & Casinos 7% Home Improvements & Furnishings 7%
Marquee Cinemas Leisure
9,151 visits/mo 0.3 miles
The UPS Store Shops & Services
6,526 visits/mo 0.2 miles
Truist Shops & Services
6,419 visits/mo 0.2 miles
Bank of America Shops & Services
4,785 visits/mo 0.3 miles
Fairfield Inn & Suites by Marriott Hotels & Casinos
2,070 visits/mo 0.1 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space in high-traffic downtown area near brewery and hotel.
Where is this restaurant located?
The property is located at 309 N Green St Morganton, NC.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Located in a **high foot traffic area of downtown Morganton**; Cold shell space allows for **customizable restaurant build‑out**; Situated near popular Fonta Flora Brewery and the new Fairfield Inn and Suites
(336) 480-5380 Call to check price and availability
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