318 Bouchelle St Morganton, NC 28655
- Turn key restaurants
- 1,902 SF
- 1.10 lot acres
Current Use by Public Records
- Hot Shots Espresso Morganton / Espresso Bar / Cafe
Property Details for 318 Bouchelle St
- Year built
- 1930
- Construction
- WOOD FRAME
- Lot size
- 1.10 lot acres
- Property size
- 1,902 SF
- Zone code
- MEDIUM INTENSITY DIST
- Property type
- Turn key restaurants
- APN
- 37931
- APU
- 37931
Description
This exceptional commercial property, located at 318 Bouchelle Street in Morganton, NC, presents a unique investment opportunity. Originally St. Stephens Episcopal Church, this charming building underwent a thoughtful renovation in 2021, seamlessly blending its historical character with modern amenities. The 1.1-acre lot offers ample space, and the interior was redesigned for a doughnut shop, but is readily adaptable to various commercial uses. Key improvements completed in 2021 include a new roof and HVAC system. The kitchen is conveniently located downstairs, with provisions made for a future dumbwaiter installation. For food service businesses, the property boasts tankless water heaters, a vented hood, and a grease trap, all installed in 2021, ensuring immediate operational readiness. The spacious main dining area comfortably accommodates numerous patrons, complemented by additional outdoor patio seating. Its prime location behind the Fairfield Inn & Suites and directly across from Morganton's bustling central business district provides exceptional visibility and accessibility. Morganton's vibrant downtown area is known for its thriving blend of historical charm and modern growth, offering a diverse range of shopping, dining, and arts-focused establishments. This property represents a rare chance to own a piece of Morganton's history while capitalizing on the city's continued economic expansion. The asking price is $499,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morganton
- County
- Burke
- State
- North Carolina
- Longitude
- -81.6917
- Latitude
- 35.7498
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA