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6-Suite Shopping Center
New
For Sale
$799,000

408 W Fleming Drive, Morganton, NC 28655

Multi-suite commercial property with leased space and additional suites available for lease after sale.

Property Size1 SF
Days on Market4

Property Features for 408 W Fleming Drive

General Information

Standard status Active
Size 1 SF
Property subtype Business

Amenities

Size: 0.71, Size Units: Acres
Details: Central Air
Heating: Central
Days on Market: 0, Listing Price: 799000, Status: Active
Construction Materials: Brick Full, Stories: 1, Year Built: 2003, Construction Type: Site Built
City: Morganton, State: NC, Zip: 28655, County: Burke, Directions: 408 W Fleming Dr
Sewer: Public Sewer, Water Source: City
Auction Y/N: 0

Building Details

Building Size 1 SF
Year Built 2003
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Newton RE
Listed By: Tim Newton
Source: Blackstreaminternational
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 3:09PM

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 Coldwell Banker Newton RE

Investment Insights

Based on property information with market context.

Built in 2003, this shopping center contains 6 suites within a multi-unit commercial building. Four suites are occupied under leases, while the remaining 2 are used by the current owner and will be available for lease upon sale. The configuration provides an established leased component alongside additional space that can be marketed for occupancy.

The property is located at 408 W Fleming Drive in Morganton, North Carolina, with frontage along Fleming Drive. Access to the property is coordinated through the listing agent.

Key Highlights

  • 6‑suite commercial building
  • 4 suites occupied under leases
  • 2 owner‑used suites available for lease upon sale

Property Analytics

Current Use

Mountain Burrito LLC Restaurant Harmony Home Care Home Health Care Service Element Control Roofing Roofing Company Cope Services Cleaning ... HVAC Service Cope Services Landscaping ... Landscaping

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Auto Repair Shop Building Supply 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby
98k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 33% Shops & Services 29% Groceries 22% Home Improvements & Furnishings 12%
Aldi Groceries
21,413 visits/mo 0.3 miles
Burger King Dining
19,232 visits/mo 0.4 miles
Northwest Hardware Company Home Improvements & Furnishings
11,315 visits/mo 0.2 miles
Wells Fargo Shops & Services
9,693 visits/mo 0.5 miles
Little Caesars Pizza Dining
6,904 visits/mo 0.4 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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The Shoppes At Tannery Square 416/42 W Fleming Dr, Morganton, NC 28655
  • Morganton Plaza 114 E Fleming Dr, Morganton, NC 28655

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite commercial property with leased space and additional suites available for lease after sale.
Where is this shopping center located?
The property is located at 408 W Fleming Drive Morganton, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6‑suite commercial building; 4 suites occupied under leases; 2 owner‑used suites available for lease upon sale
More about this property
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