Address
1307 E Union Street Morganton, NC
Price
$ 2,290,000
Property Attributes
  • ID#3683527
  • TypeCommercial
  • CountyBURKE
  • CityMorganton
  • AreaBurke County
  • Zip28655
  • StyleCommercial
  • Price$ 2,290,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size71.5 Acres
Listing Provided Courtesy Of:
C Shane Cook & Associates
Data Source:
Canopy MLS
Property Description

Commercial investment opportunity. 70+ acres in downtown Morganton now available. Zoning allows for multiple possibilities including residential development, multi-family homes, or commercial development. Currently a historic 2-story, 6BR/2BA farm house sits on E. Union Street. A store front also sits on E. Union Street. Originally H.D. Leonhardt Store, circa 1910, it was one of the only general stores providing goods from western Burke County to Hickory, and was highly successful due to its goods and convenient location. A 3BR/1BA cottage sits behind the store front. The distinguished old property was formally the Leonhardt Estate on Leonhardt Hill, and includes the store building, a smokehouse, well house, hen house/barn, mother-in-law cottage and the prominent farm home, which features a generous wrap-around porch, large kitchen, sitting room, grand dining room, living room, second story balcony, second story living area, in addition to the 6 bedrooms and 2 baths.

Price History
12/3/2020 Listed $2,290,000

General Features

Additional Parcels Description REID's: 433 61531 & 60480 & 8073 & 8075 & 8076
Car Hoasubjectto None
City Morganton
Construction Materials Brick, Frame
Construction Type Site Built
Cooling Central Air, Window Unit(s)
County Burke
Days on Market 294
Directions From Downtown Morganton, travel South Sterling Street. Turn left onto East Meeting Street. Travel East Meeting Street until it turns into East Union Street. Property on left. See sign.
Flooring Vinyl, Wood
Heating Central, Electric, Natural Gas
New Construction No
Number of Units Leased 3
Possible Use Commercial, Multi-Family, Private Estate, Recreational/2nd House, Residential
Property SubType Commercial
Property Type Commercial Sale
Restrictions Other - See Media/Remarks
Roof Composition
Secondary Sub-Type FStan/Ret
Standard Status Active
Street Name Union
Structure Type Unimproved Commercial
TaxAssessedValue 216660
Utilities Cable Available, City Sewer, City Water, Electricity Available, Natural Gas Available
Year Built 1901
Zoning Description Morganto

Interior Features

Sprinkler N/A
Street Suffix Street
Total Stories 2

Exterior Features

Foundation Details Crawl Space
Inclusions Building, Fixtures, Land
Lot Dimensions Irregular
Lot Size Area 71.5
Number of Buildings 3
Road Frontage 430
Road Frontage Type City Street, Paved Road, State Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28655

Price
AVG $550K
$2.29M
Visits
AVG 81
150
Year Built
AVG 1971
1901
Walkscore
AVG 25
25
Data Provided by Walkscore ® not using MLS data

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