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Updated Commercial Space in Morganton
For Sale
$475,000
Pending

408 S Green Street, Morganton, NC 28655

Updated commercial space in downtown Morganton with flexible workspace.

Property Size2,423 SF
Days on Market111

Property Features for 408 S Green Street

General Information

Standard status Pending
Size 2,423 SF
Property subtype Commercial

Amenities

Composition Roof
Level
Natural Gas Heating
Parking Lot
Vinyl Flooring
Wood Flooring

Building Details

Year Built 1926
Listing Agency: RE/MAX PRESTIGE LEGACY
Listed By: JONISHA VANCE
Source: Corcoran
Added: May 12 Changed: Aug 8 Last Checked: Jul 23 at 9:45AM

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 RE/MAX PRESTIGE LEGACY

Investment Insights

Based on property information with market context.

This updated commercial space, located in downtown Morganton, offers 2,423 square feet of workspace. The property features seven offices across two levels, with three offices on the main floor and four upstairs. The main level includes an open conference area and a kitchenette. Modern upgrades are present throughout the space. An ADA-accessible bathroom is available. Convenient parking is provided. The property is situated moments from Courthouse Square and the COMMA Performing Arts Center. It is suitable for launching a new venture or expanding an existing one.

Key Highlights

  • Prime downtown Morganton location, moments from Courthouse Square and the COMMA Performing Arts Center.
  • 2,423 square feet of flexible, updated commercial space.
  • Seven offices across two levels (three on the main floor, four upstairs).

Property Analytics

Current Use

Ginger Bread House Physician BelleVi MedSpa Spa & Massage Center

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Cafe & Coffee Shop Storage Facility Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,093
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 units - Updated commercial space in downtown Morganton with flexible workspace.
Where is this office units located?
The property is located at 408 S Green Street Morganton, NC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Prime downtown Morganton location, moments from Courthouse Square and the COMMA Performing Arts Center.; 2,423 square feet of flexible, updated commercial space.; Seven offices across two levels (three on the main floor, four upstairs).
More about this property
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