Property profile

109 Main St Morganton, NC 28655

OFF-MARKET
Retail properties & Spaces
9,180 SF 1.05 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional 9,180 square foot freestanding retail building presents a unique investment opportunity in Morganton, North Carolina. Located at 109 Main Street, this property sits on a 1.05-acre lot and offers unparalleled flexibility for a wide range of commercial ventures. The building boasts a completely open floor plan, allowing for customized layouts to perfectly suit your business needs. No interior walls currently exist, providing a blank canvas for your vision. The property features a robust 400 amp, 3-phase electrical service, ensuring ample power for even the most demanding operations. Accessibility is ensured with wheelchair-accessible restrooms. Ample on-site parking is available for customers and employees. The strategic location benefits from high visibility due to its proximity to a high-traffic Dollar General store, guaranteeing significant drive-by exposure. The property is zoned GB/B-2, permitting a variety of commercial uses, making it an ideal location for a diverse range of businesses. This is a rare chance to acquire a versatile, well-located retail space in a business-friendly area. The asking price is $695,000. Don't miss this chance to establish your business in a prime Morganton location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 9,180 SF
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 Main St Morganton, NC 28655
Morganton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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