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 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

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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