Shopping Center

Morganton, NC Shopping Centers for Sale

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Neighborhood Shopping Center with Signage
Updated: Sep 19
Neighborhood Shopping Center with Signage

903 W Union St, Morganton, NC 28655

$1,750,000
99,100 sqft 9.59 AC lot
±99,100‑square‑foot neighborhood retail center on ±9.59 acres
Approximately 93.9% occupied with 390 parking spaces
Ollie’s, Kimbrell’s, Planet Fitness, and Dollar General occupy approximately 78.1% of GLA
±6,000‑square‑foot vacancy plus potential outparcel development
Frontage on W Union Street/US‑70 near W Fleming Drive; combined traffic approximately 35,900 VPD
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Anchored Neighborhood Shopping Center
Updated: Sep 7
Anchored Neighborhood Shopping Center

903-915 W Union Street, Morganton, NC 28655

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99,100 sqft 9.59 AC lot
99,100‑square‑foot neighborhood retail center on approximately 9.59 acres
Approximately 93.9% occupied, with about 6,000 square feet of vacancy
Ollie’s, Kimbrell’s, Planet Fitness, and Dollar General occupy approximately 78.1% of GLA
Renovated in 2025 following Hurricane Helene‑related flooding
390 parking spaces, prominent signage, and multiple access points
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6-Suite Shopping Center
6-Suite Shopping Center

408 W Fleming Drive, Morganton, NC 28655

$799,000

Multi-suite commercial property with leased space and additional suites available for lease after sale.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Large End-Unit Retail Space
Large End-Unit Retail Space

128 Fairway Shopping Ctr, Hudson, NC 28638

$200,000
15,000 sqft

End-unit commercial space with extensive repair needs, parking, and flexibility for multiple uses.

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Fully Leased Retail Center
Fully Leased Retail Center

2-10 East Market Street, Black Mountain, NC 28711

$2,550,000

Neighborhood retail center in Black Mountain's Village of Cheshire.

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Fully Leased Retail Center
Fully Leased Retail Center

2 E Market St, Black Mountain, NC 28711

$2,550,000

Neighborhood retail center in the Village of Cheshire.

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Downtown Hudson Retail Opportunity
Downtown Hudson Retail Opportunity

128 Fairway Shopping Center Center, Hudson, NC 28638

$200,000

Large retail space in downtown Hudson's Fairway Shopping Center.

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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.

400 Henredon Rd
Power centers

400 Henredon Rd, Morganton, NC 28655

Estimated value: by Request
19,150 sqft
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400 Morganton Heights Blvd
Lifestyle centers

400 Morganton Heights Blvd, Morganton, NC 28655

Estimated value: by Request
177,808 sqft
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400 Henredon Rd
Lifestyle centers

400 Henredon Rd, Morganton, NC 28655

Estimated value: by Request
284,566 sqft 61.26 AC lot
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Morganton, NC Shopping Centers Market Trends and Statistics

Explore 6 shopping centers for sale in Morganton, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 198,200 square feet of properties for sale, with an estimated market value of $2,549,000.

Sale prices for plazas in Morganton, NC start at $799,000, averaging $1,274,500, and reaching up to $1,750,000 — 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 8
Grocery and convenience stores 4
Shopping centers 4
Auto shops 3
Automotive properties 3

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 $1.3M

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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