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1527 Union St Morganton, NC 28655

Sponsored
For Sale
$837,000

Prime Downtown Morganton development land.

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 19.48-acre property, located at 1527 E Union St in Morganton, North Carolina (zip code 28655), presents a rare development opportunity. Situated in the heart of downtown Morganton, this expansive tract boasts 2.72 acres of road frontage, offering excellent visibility and accessibility. The property is zoned EID and benefits from the availability of sewer services, simplifying infrastructure development. This large parcel is uniquely positioned within city limits, providing access to all urban amenities while maintaining the potential for a variety of development projects. The asking price is $837,000, and the sale is structured to accommodate a 1031 exchange, making it an attractive investment opportunity for qualified buyers. Its diverse zoning (Commercial, Industrial, and Residential) allows for flexibility in project planning, catering to a wide range of development possibilities. The property's prime location and substantial size make it an ideal candidate for large-scale commercial, industrial, or residential developments, or a mixed-use project. This is a truly unique opportunity to acquire a significant land holding in a thriving downtown area. The latitude and longitude coordinates are 35.7534778, -81.6570341 respectively. Located in Burke County, this property offers significant potential for substantial return on investment.

Property Features for 1527 Union St

General Information

Property type
Land
Lot Size
848,549 SF

HighLights

  • 19.5‑acre development site in Morganton, NC (28655), with 2.72 acres of road frontage.
  • Located in downtown Morganton, offering excellent visibility and access to city amenities.
  • EID zoning allows for commercial, industrial, and residential development.
  • Sewer available; asking price $837,000, 1031 exchange considered.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Morganton
County
Burke
State
North Carolina
Longitude
-81.6570341
Latitude
35.7534778

FAQs

What type of property is this?
Land - Prime Downtown Morganton development land.
Where is this land located?
The property is located at 1527 Union St Morganton, NC.
What is the asking price?
The asking price for this property is $837,000.
What are key features of this property?
This property features: 19.5-acre development site in Morganton, NC (28655), with 2.72 acres of road frontage.; Located in downtown Morganton, offering excellent visibility and access to city amenities.; EID zoning allows for commercial, industrial, and residential development.
More about this property
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