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1366 US 70 W

5,480 SF Retail Building Morganton, NC 28655 $699,000 ($128/SF)

Investment Highlights

  • Located on a very busy High Traffic Corner.
  • Acreage for expansion/outdoor storage.
  • Property is almost entirely fenced.
  • G-B Zoning Uses: Agricultural, Industrial, Retail, Recreation/Entertainment, Services, Office, Utilities, & even some Residential.
  • Large paved parking lot.
  • 4 Garage Doors, Car Lift, & Loft Storage.

Executive Summary

POTENTIAL SELLER-FINANCING! Versatile Commercial Property in Burke County on the very High-Traffic Corner of Enon Rd and US Hwy 70 with 2.33 Acres! Zoned G-B (General Business) & outside city limits, this property is ready for a multitude of opportunities with 3,303 SqFt of Retail/Office Space, 2,178 SqFt of Garage Space, 4 Garage Bays with 12' doors and 16' ceilings, Car Lift, Loft Storage, Large Open Fenced Lot, Paved Parking Lot, and more. Use as one big space for business, or divide for multiple tenants. Retail space is heated and cooled with a new 4-ton Goodman unit, & an approximately 3-yr old 2-ton Carrier unit. Utilities include Spectrum internet/cable, Duke Power electric, Valdese Water, & Septic Tank. Business Inventory is not included, but negotiable.
Burke County G-B Zoning Uses Include: Agricultural, Industrial, Retail, Rec/Entertainment, Services, Office, Utilities, & even some Residential. See attached Zoning Table of Uses.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,480 SF
Building Class
C
Year Built
1971
Price
$699,000
Price Per SF
$128
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
2.33 AC
Zoning
G-B - Uses: Agricultural, Industrial, Retail, Rec/Entertainment, Services, Office, Utilities, & even some Residential. See attached Zoning Table of Uses.

Amenities

  • Corner Lot
  • Fenced Lot
  • Signage
  • Signalized Intersection
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0042030
Land Assessment
$83,250 (2024)
Improvements Assessment
$82,415 (2024)
Total Assessment
$165,665 (2024)
  • Listing ID: 31969236

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 1366 US 70 W, Morganton, NC 28655

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