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    Morganton, NC Mixed-use Properties for Sale

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    Valdese, NC Lenoir, NC Nebo, NC
    Historic Commercial Building in Morganton
    $710,000
    5,460 SF
    Historic Commercial Building in Morganton

    117 W Union Street, Morganton, NC 28655

    Prime commercial property in Morganton's vibrant Downtown Historic District.
    • Prime location in Morganton's Downtown Historic District with high visibility and foot traffic.
    • Approximately 5,460 sq ft two‑story brick building with a classic commercial Italianate‑style facade.
    • Versatile space suitable for retail, restaurant, office, gallery, mixed‑use, or professional services.
    • Upper level features 20+ offices and 4 bathrooms (currently not leased).
    • Ground floor is currently leased commercially (year to year).
    Updated: May 11
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    Historic Downtown Morganton Mixed-Use Property
    $710,000
    5,460 SF
    Historic Downtown Morganton Mixed-Use Property

    117 W Union Street, Morganton, NC 28655

    Prime commercial property with residential conversion potential in historic downtown.
    • Prime location in the heart of Morganton's Downtown Historic District with excellent visibility and foot traffic.
    • Versatile 5,460 sq ft space suitable for retail, restaurant, office, gallery, mixed‑use, or professional services.
    • Potential to convert upstairs offices into at least two luxury residential apartments, potentially renting for $2000+/month each.
    • Ground floor is currently leased commercially, providing immediate income potential.
    • Classic commercial Italianate‑style facade with distinctive architectural details.
    Updated: May 15
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Charming Turn of the Century Building
    $589,900
    Charming Turn of the Century Building

    Turn of the century building with restaurant and entertainment areas.

    819 West NW Avenue, Lenoir, NC 28645

    View details
    Mixed-Use Commercial Property For Sale
    $615,000
    Mixed-Use Commercial Property For Sale

    High-visibility commercial property with carwash and retail building.

    2540 1st Ave SW, Hickory, NC 28602

    View details
    Downtown Hickory Investment Opportunity
    $699,000
    4,436 SF
    Downtown Hickory Investment Opportunity

    Mixed-use building with apartments and commercial space in downtown Hickory.

    118 3rd Ave NW, Hickory, NC 28601

    View details
    Historic Mixed-Use Building in Lenoir
    $924,900
    24,000 SF
    Historic Mixed-Use Building in Lenoir

    Historic 3-story mixed-use building in downtown Lenoir.

    812 West Avenue NW, Lenoir, NC 28645

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Morganton Land Investment Opportunity
    $3,199,000
    71.00 Acres
    Morganton Land Investment Opportunity

    71-acre Morganton property suitable for residential or commercial development.

    1307 E Union Street, Morganton, NC 28655

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    Riverfront Land Near State Park
    $219,000
    21.50 Acres
    Riverfront Land Near State Park

    21.5 acres with river frontage and park access.

    1960 Rich Mountain Road, Morganton, NC 28655

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    Lenoir, NC Land Available
    $69,900
    3.32 Acres
    Lenoir, NC Land Available

    3.32 acre land parcel in Lenoir, North Carolina.

    3.32 acres Lot 74 Round Mountain Parkway, Lenoir, NC 28645

    View details
    Three Acre Wooded Land Tract
    $40,000
    3.00 Acres
    Three Acre Wooded Land Tract

    Three acre wooded land in Connelly Springs, North Carolina.

    V/L Warlick Chapel Road, Connelly Springs, NC 28612

    View details

    Off-Market Properties in Morganton, NC

    Consider similar Off-Market properties in Morganton, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Sanford Dr
    Multifamily properties
    369,824 SF Lot: 8.49 Acres
    Value Estimation by Request
    Sanford Dr

    0 Sanford Dr, Morganton, NC 28655

    View details

    Morganton, NC Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 3 mixed-use properties for sale in Morganton, NC on our real estate platform. These investment opportunities span a total of 10,920 square feet of properties for sale, with an estimated market value of $1,420,000.

    Sale prices for multi use buildings in Morganton, NC start at $710,000, averaging $710,000, and reaching up to $710,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 56K
    Population Growth (5Y) +2.9%
    Median Household Income $53,464
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

    Identify Morganton submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    28655 $710K

    Taxes & Financing

    Tax Rate (average for all types) 0.57%
    Property Tax per SF $12.66 per sq ft
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

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