Mixed-Use

Morganton, NC Mixed-use Properties for Sale

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Historic Downtown Morganton Mixed-Use Property
Updated: May 15
Historic Downtown Morganton Mixed-Use Property

117 W Union Street, Morganton, NC 28655

$710,000
5,460 sqft 0.06 AC lot
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.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

Mixed-Use Property in Historic Downtown
Mixed-Use Property in Historic Downtown

138 E Main Street, Forest City, NC 28043

$499,000
1,750 sqft 0.04 AC lot

Unique mixed-use property with commercial and residential spaces.

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Historic Downtown Mixed-Use Opportunity
Historic Downtown Mixed-Use Opportunity

138 E Main Street, Forest City, NC 28043

$499,000
3,500 sqft

Office/retail space with residential apartment in historic downtown Forest City.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

615 Oak Avenue, Spruce Pine, NC 28705

$469,900
0.13 AC lot

Mixed-use building with cafe space on the main level and a residential apartment above.

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Freestanding Building on Major Thoroughfare
Freestanding Building on Major Thoroughfare

14622 S 226 Hwy, Spruce Pine, NC 28777

$460,000
1,217 sqft

Prominent commercial space with high traffic and flexible zoning.

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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
Morganton Land Investment Opportunity

1307 E Union Street, Morganton, NC 28655

$3,199,000
71.00 AC lot

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

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Lenoir, NC Land Available
Lenoir, NC Land Available

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

$69,900
3.32 AC lot

3.32 acre land parcel in Lenoir, North Carolina.

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Commercial Land on Highway 321
Commercial Land on Highway 321

2320 Hickory Boulevard, Lenoir, NC 28645

$229,000
1.45 AC lot

1.45-acre commercial parcel on Highway 321 in Lenoir, NC.

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Hickory Land Near I-40
Hickory Land Near I-40

4246 Henry River Road, Hickory, NC 28602

$800,000
42.92 AC lot

Unique 43-acre land opportunity near I-40 and Henry River.

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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

0 Sanford Dr, Morganton, NC 28655

Value Estimation by Request
369,824 sqft 8.49 AC lot
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Morganton, NC Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Morganton, NC on our real estate platform. These investment opportunities span a total of 5,460 square feet of properties for sale, with an estimated market value of $710,000.

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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Live-work space 1

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 average 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 SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Burke County

New Delisted

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