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    OFF-MARKET
    Retail properties & Spaces

    109 Main St, Morganton, NC 28655

    9,180 SF 1.05 ac lot Built 2008
    Property ID
    Property summary
    AI-generated overview

    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.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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