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Morganton, NC Retail Properties & Spaces for Sale

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Valdese, NC Lenoir, NC Nebo, NC
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Historic Downtown Morganton Mixed-Use Property
Updated: May 15
Historic Downtown Morganton Mixed-Use Property

117 W Union Street, Morganton, NC 28655

$710,000
5,460 sqft · 0.06 AC lot
Prime location in the heart of Morganton's Downtown Historic District with excellent visibility and foot traffic.
Versatile 5,460 sq ft space suitable for retail, restaurant, office, gallery, mixed‑use, or professional services.
Potential to convert upstairs offices into at least two luxury residential apartments, potentially renting for $2000+/month each.
Ground floor is currently leased commercially, providing immediate income potential.
Classic commercial Italianate‑style facade with distinctive architectural details.
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Two-Story Brick Retail/Office Building
Updated: May 11
Two-Story Brick Retail/Office Building

117 W Union Street, Morganton, NC 28655

$710,000
0.06 AC lot
Approx. 5,460 SF, two‑story brick commercial building built in 1901 in Morganton’s Downtown Historic District
Ground floor is leased commercially year to year; upstairs is not leased at this time
Upstairs offers 17 offices and 4 bathrooms
Classic commercial Italianate‑style facade with distinctive cornice and arcaded corbelling features
Located at 117 W Union St on West Union Street with commercial/visitor activity nearby
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Established Seafood Business Opportunity
Established Seafood Business Opportunity

410 E Fleming Drive, Morganton, NC 28655

$650,000
1.28 AC lot

Turnkey seafood business with real estate and equipment included.

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Highway Frontage Commercial Land Opportunity
Highway Frontage Commercial Land Opportunity

5161 NC Hwy 18 S, Morganton, NC 28655

$209,900
350 sqft · 1.44 AC lot

Versatile commercial land with office building and high traffic.

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Restaurant Site on 2.75 Acres
Restaurant Site on 2.75 Acres

309 Enola Road, Morganton, NC 28655

$1,799,900
2.75 AC lot

2.75-acre restaurant site near I-40, ready for business.

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Downtown Glen Alpine Business Opportunity
Downtown Glen Alpine Business Opportunity

106 Linville Street, Morganton, NC 28655

$229,000

Commercial property in downtown Glen Alpine suitable for various businesses.

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Corner Lot with Highway Frontage
Corner Lot with Highway Frontage

2425 US 70 Highway W, Morganton, NC 28655

$289,000
0.99 AC lot

Versatile property with existing lease income and business potential.

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Veterinary Clinic at Corner Intersection
Veterinary Clinic at Corner Intersection

1034 E Union St, Morganton, NC 28655

$775,000
5,000 sqft

Veterinary clinic with long operating history at corner intersection.

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Turnkey Restaurant in Historic Building
Turnkey Restaurant in Historic Building

102 Linville Street, Morganton, NC 28655

$599,900
4,640 sqft

Fully equipped restaurant in Glen Alpine's historic 1902 building.

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Glen Alpine Auto Repair Shop
Glen Alpine Auto Repair Shop

115 Linville Street, Morganton, NC 28655

$195,000

Former auto repair shop with office space in downtown Glen Alpine.

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Highway Frontage Commercial Property
Highway Frontage Commercial Property

2425 Us 70 Highway W Unit 1, Morganton, NC 28655

$289,000
1,200 sqft

Commercial property with highway frontage, storage, and leasing potential.

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Retail Outparcel on Green Street
Retail Outparcel on Green Street

904 N Green St, Morganton, NC

Contact for pricing
3,425 sqft · 0.97 AC lot

3,425 SF retail space with high visibility.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

Retail Storefront for Sale
Retail Storefront for Sale

1715 Connelly Springs Rd, Lenoir, NC 28645

$887,273

For sale retail storefront positioned for neighborhood shopping and daily convenience needs.

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Valdese Commercial Redevelopment Opportunity
Valdese Commercial Redevelopment Opportunity

213 Colombo Street NW, Valdese, NC 28690

$250,000
1,080 sqft · 0.13 AC lot

Commercial property in Valdese, NC, with redevelopment potential.

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Turnkey Automotive Service Center For Sale
Turnkey Automotive Service Center For Sale

1134 Eldred Street SE, Valdese, NC 28690

$549,000

Fully equipped automotive facility with real estate and multiple revenue streams.

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Corner Lot For Future Development
Corner Lot For Future Development

2024 connelly springs Road, Lenoir, NC 28645

$365,000

Corner lot with income, ready for future development.

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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.

Corner Lot with High Visibility
Corner Lot with High Visibility

324 Sanford Drive, Morganton, NC 28655

$599,000

Prime commercial land with high traffic and development potential.

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Vacant Lot in Downtown Morganton
Vacant Lot in Downtown Morganton

0 S Sterling Street S, Morganton, NC 28655

$300,000

Vacant level lot in downtown Morganton for commercial development.

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Commercial Lot Near I-40
Commercial Lot Near I-40

Burkemont Avenue, Morganton, NC 28655

$199,000
0.40 AC lot

0.4 acre commercial lot near I-40 and national retailers.

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Commercial Lot Near I-40
Commercial Lot Near I-40

Burkemont Avenue, Morganton, NC 28655

$199,000
0.40 AC lot

0.4 acre commercial lot near I-40 and national retailers.

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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

$520,000
Estimated value
8,411 sqft · 1.33 AC lot
View details
900 Lenoir Rd
CONVENIENCE STORE

900 Lenoir Rd, Morganton, NC 28655

Value Estimation by Request
1,512 sqft · 0.76 AC lot
View details
911 Grn St
RETAIL STORES (PERSONAL SERVICES)

911 Grn St, Morganton, NC 28655-5613

Value Estimation by Request
8,880 sqft · 1.19 AC lot
View details
1556 Zion Rd
CONVENIENCE STORE

1556 Zion Rd, Morganton, NC 28655-8988

Value Estimation by Request
2,200 sqft · 1.43 AC lot
View details
203 Oakland Ave
RETAIL STORES (PERSONAL SERVICES)

203 Oakland Ave, Morganton, NC 28655

Value Estimation by Request
1,131 sqft · 0.30 AC lot
View details
600 Lenoir St
AUTO REPAIR, GARAGE

600 Lenoir St, Morganton, NC 28655-3151

Value Estimation by Request
1,238 sqft · 0.34 AC lot
View details
301 Avery Ave
CONVENIENCE STORE

301 Avery Ave, Morganton, NC 28655-3104

$905,000
Estimated value
2,400 sqft · 0.74 AC lot
View details
250 Fleming Dr
RETAIL STORES (PERSONAL SERVICES)

250 Fleming Dr, Morganton, NC 28655-3918

$655,000
Estimated value
6,100 sqft · 0.65 AC lot
View details
1007 Jamestown Rd
CONVENIENCE STORE

1007 Jamestown Rd, Morganton, NC 28655-9277

$2,650,000
Estimated value
3,597 sqft · 1.29 AC lot
View details
2388 Smokey Crk Rd
AUTO REPAIR, GARAGE

2388 Smokey Crk Rd, Morganton, NC 28655-6480

Value Estimation by Request
9,000 sqft · 3.64 AC lot
View details
830 Burkemont Ave
RETAIL STORES (PERSONAL SERVICES)

830 Burkemont Ave, Morganton, NC 28655-4513

Value Estimation by Request
3,015 sqft · 1.17 AC lot
View details
1270 Burkemont Ave
CONVENIENCE STORE

1270 Burkemont Ave, Morganton, NC 28655-4540

$2,060,000
Estimated value
2,160 sqft · 0.37 AC lot
View details

Morganton, NC Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Morganton, NC, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 16,650 square feet of properties for sale, with an estimated market value of $2,583,800.

Sale prices for stores in Morganton, NC start at $209,900, averaging $516,760, and reaching up to $775,000 — 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

Storefront properties 4
Auto shops 3
Automotive properties 3
Shopping centers 2
Grocery and convenience stores 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 $587K

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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