301 Avery Ave - Storefront FOR SALE


Morganton, NC 28655
$500,000 USD
336-480-5380
301 Avery Ave, Morganton, NC for Sale
$500,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

301 Avery Ave
Morganton, NC 28655


HIGHLIGHTS

  • ±0.74-acre site in close proximity to Downtown Morganton
  • Existing ±9,100 SF building with value-add potential
  • Ideal for redevelopment or adaptive reuse - Potential retail, office, service, or mixed-use uses (subject to zoning)
  • Strong access to surrounding neighborhoods and commercial corridors
  • Located in a growing market with continued downtown investment
  • Suitable for investors, developers, or owner-users

OVERVIEW

301 Avery Avenue is a ±0.74-acre property located just minutes from downtown Morganton, NC, offering a prime value-add or redevelopment opportunity. The site includes an existing ±9,100 SF building that can be renovated, re-tenanted, or repositioned, while also supporting potential retail, office, service, or mixeduse redevelopment, subject to zoning and approvals.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add / Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,329 SF

ZONING

MEDIUM INT

APN/PARCEL ID

32213

ASK ABOUT THIS PROPERTY

Eric EngstromCollett & AssociatesMore Info
336-480-5380

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Eric EngstromCollett & AssociatesMore Info
336-480-5380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.