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    Morganton, NC Restaurants for Sale

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    Turnkey Seafood Restaurant Storefront
    Updated: Jul 11, 2025
    Turnkey Seafood Restaurant Storefront

    410 E Fleming Drive, Morganton, NC 28655

    $650,000
    1.28 AC lot
    Established seafood business with 42 years of proven operations, built in 1950
    Two lots included with a solid building on E. Fleming
    Retail storefront leased at $1,250/month with $100 yearly increments
    Fully outfitted retail/restaurant equipment package includes $50K in equipment, plus new Thermo King freezer and $25K cooler
    Includes five trucks: two 2019 Isuzus, a 2000 Isuzu, a 2006 GMC, and a 2016 Chevy
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    Turnkey Restaurant in Historic Building
    Updated: Jun 12, 2025
    Turnkey Restaurant in Historic Building

    102 Linville Street, Morganton, NC 28655

    $599,900
    4,640 sqft
    Turnkey, fully equipped restaurant – ready for immediate operation or expansion.
    Historic building (circa 1902) in a prominent corner location in Glen Alpine.
    Recent updates including a new roof (2024), new kitchen fixtures, POS system, and security system.
    Upstairs lounge with full bar (ABC licenses), TVs, and stage for entertainment.
    Unique features such as a train passing by daily and an old‑fashioned jukebox.
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    Single-Tenant Freestanding Restaurant
    Single-Tenant Freestanding Restaurant

    2156 S Sterling St, Morganton, NC 28655

    Contact for pricing

    Freestanding LongHorn Steakhouse on an absolute triple-net lease through July 2030, with scheduled rent escalations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant Building on Two Acres
    Restaurant Building on Two Acres

    2000 Johns River Loop, Morganton, NC 28655

    Contact for pricing
    2.00 AC lot

    Former restaurant building with foyer entry, full kitchen, walk-in cooler, and two bathrooms on two acres.

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    Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 4 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant and Event Venue
    Turn-Key Restaurant and Event Venue

    670 Oak Ave, Spruce Pine, NC 28777

    $1,275,000

    Multi-building drive-in/grill concept with indoor dining and a full-service bar, with current ABC permits.

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    Restaurant Bar with Commercial Kitchen
    Restaurant Bar with Commercial Kitchen

    14480 Meadow view, Spruce Pine, NC 28777

    Contact for pricing
    2,000 sqft

    Restaurant and bar space with a commercial kitchen, offered with owner financing for a qualified buyer.

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    Drive-Through Restaurant NNN
    Drive-Through Restaurant NNN

    139 Blowing Rock Blvd, Lot B, Lenoir, NC 28645

    Contact for pricing

    Brand new 2023 build-to-suit drive-thru with a modified NNN structure and corporate guarantee.

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    Turnkey Restaurant Property in Lenoir
    Turnkey Restaurant Property in Lenoir

    107 Light Street, Lenoir, NC 28645

    $274,900
    2,700 sqft

    Fully equipped commercial property ready for immediate food service use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land at Shopping Center Entrance
    Commercial Land at Shopping Center Entrance

    309 Enola Road, Morganton, NC 28655

    $1,799,900
    2.75 AC lot

    HID-zoned land near a shopping center entrance with city sewer and water available.

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    Ready-to-Develop Commercial Land Site
    Ready-to-Develop Commercial Land Site

    Fiddlers Run Boulevard, Morganton, NC 28655

    $950,000
    1.40 AC lot

    Ready-to-develop land in City of Morganton HID zoning, positioned at the entrance of a shopping center near I-40.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    2390 Sugar Hill Road, Marion, NC 28752

    $2,399,000
    2.40 AC lot

    Mostly level development land with city water and sewer available at the site.

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    C-2 Commercial Land
    C-2 Commercial Land

    2462 Sugar Hill Road, Marion, NC 28752

    $525,000
    0.48 AC lot

    Corner parcel with dual-road access and C-2 zoning.

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    Off-Market Properties in Morganton, NC

    Consider similar Off-Market properties in Morganton, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2115 Sterling St
    RESTAURANT

    2115 Sterling St, Morganton, NC 28655-4003

    $285,000
    Estimated value
    8,411 sqft 1.33 AC lot
    View details
    430 Fleming Dr
    RESTAURANT

    430 Fleming Dr, Morganton, NC 28655-5313

    $205,000
    Estimated value
    2,048 sqft 0.69 AC lot
    View details
    831 Un St
    RESTAURANT

    831 Un St, Morganton, NC 28655-4227

    $370,000
    Estimated value
    1,332 sqft 0.32 AC lot
    View details
    3221 Nc 126
    RESTAURANT

    3221 Nc 126, Morganton, NC 28655-6016

    $390,000
    Estimated value
    4,008 sqft 1.01 AC lot
    View details
    3030 Us 64th, Unit 2
    RESTAURANT

    3030 Us 64th, Morganton, NC 28655

    Unit 2
    $155,000
    Estimated value
    1,706 sqft 0.58 AC lot
    View details
    300 Carbon City Rd
    RESTAURANT

    300 Carbon City Rd, Morganton, NC 28655-4152

    $335,000
    Estimated value
    2,792 sqft 0.91 AC lot
    View details
    2400 Sterling St Sts
    RESTAURANT

    2400 Sterling St Sts, Morganton, NC 28655-9467

    $4,080,000
    Estimated value
    12,320 sqft 5.34 AC lot
    View details
    520 Fleming Dr
    RESTAURANT

    520 Fleming Dr, Morganton, NC 28655-3924

    $230,000
    Estimated value
    2,275 sqft 0.76 AC lot
    View details
    3190 Us 70th E
    RESTAURANT

    3190 Us 70th E, Morganton, NC 28655-8090

    $200,000
    Estimated value
    3,940 sqft 0.71 AC lot
    View details
    116 Main St
    RESTAURANT

    116 Main St, Morganton, NC 28655

    $310,000
    Estimated value
    7,999 sqft 0.22 AC lot
    View details
    1209 Burkemont Ave
    RESTAURANT

    1209 Burkemont Ave, Morganton, NC 28655-4541

    $320,000
    Estimated value
    4,444 sqft 0.98 AC lot
    View details
    414 Carbon City Rd
    RESTAURANT

    414 Carbon City Rd, Morganton, NC 28655-4150

    $260,000
    Estimated value
    2,450 sqft 0.33 AC lot
    View details
    2156 Sterling St
    RESTAURANT

    2156 Sterling St, Morganton, NC 28655-4049

    $2,925,000
    Estimated value
    5,591 sqft 2.26 AC lot
    View details
    139 Un St
    RESTAURANT

    139 Un St, Morganton, NC 28655-3459

    $220,000
    Estimated value
    4,828 sqft 0.07 AC lot
    View details
    318 Bouchelle St
    RESTAURANT

    318 Bouchelle St, Morganton, NC 28655-3304

    $200,000
    Estimated value
    1,902 sqft 1.10 AC lot
    View details
    108 Meeting St
    RESTAURANT

    108 Meeting St, Morganton, NC 28655-3549

    $200,000
    Estimated value
    2,388 sqft 0.07 AC lot
    View details
    635 Fleming Dr
    RESTAURANT

    635 Fleming Dr, Morganton, NC 28655-4450

    $580,000
    Estimated value
    8,226 sqft 2.16 AC lot
    View details
    136 Un St
    RESTAURANT

    136 Un St, Morganton, NC 28655-3460

    $225,000
    Estimated value
    2,798 sqft 0.03 AC lot
    View details
    675 Fleming Dr
    RESTAURANT

    675 Fleming Dr, Morganton, NC 28655-4450

    $585,000
    Estimated value
    7,847 sqft 1.87 AC lot
    View details
    665 Fleming Dr
    RESTAURANT

    665 Fleming Dr, Morganton, NC 28655-4450

    $400,000
    Estimated value
    5,692 sqft 2.46 AC lot
    View details

    Morganton, NC Restaurants Market Trends and Statistics

    Explore 52 restaurants for sale in Morganton, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,640 square feet of properties for sale, with an estimated market value of $1,249,900.

    Sale prices for restaurant properties in Morganton, NC start at $599,900, averaging $624,950, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Coffee shops 2
    Bars & Pubs 1
    Turn key restaurants 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +2.9%
    Median Household Income $53,464
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

    Identify Morganton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28655 $657.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.57%
    Property Tax per SF $12.66 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Burke County

    New Delisted

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