109 Main St, Morganton, NC 28655
This exceptional freestanding retail building, located at 109 E. Main St. in Morganton, NC, presents a unique investment opportunity. Boasting 9,180 square feet of vacant space on a 1.05-acre lot, this single-story, 2008-built structure offers unparalleled flexibility. The open floor plan allows for customized layouts to suit a variety of business needs, eliminating the constraints of pre-existing interior walls. The property features 400 amp, 3-phase electrical service, ensuring ample power for diverse operations. Conveniently located in the GB/B-2 zoned area of Glen Alpine, this property benefits from a high-traffic location, enhanced by the proximity of a Dollar General store. Accessibility is ensured with wheelchair-accessible restrooms, and ample parking is available for customers and employees. The property's zoning permits a wide range of commercial uses, making it an ideal choice for entrepreneurs seeking a versatile and well-situated space. The asking price is $695,000. Property APN numbers are 1773515475 and 1773516469. This is a truly exceptional opportunity to establish or expand your business in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.