722 E Union St - Office FOR SALE


Morganton, NC 28655
$1,210,000 USD
336-541-5508
722 E Union St, Morganton, NC for Sale
$1,210,000 USD
Office - FOR SALE
1/6
null | 6.5% Cap Rate

722 E Union St
Morganton, NC 28655


HIGHLIGHTS

  • Approximately 55 parking spaces
  • 2.23 acres

OVERVIEW

Fully leased investment property in Morganton, NC. The property consists of 2.23+/- acres less than one half mile from downtown Morganton Historic District. the shape of the parcel is a "U" shape with a 25,000+/- SF section that could potentially be subdivided for either a residential or commercial use (pending local approvals).

FOR SALE DETAILS

PRICE

$1,210,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

HID

APN/PARCEL ID

6606

ASK ABOUT THIS PROPERTY

Tim KnowlesBrown Investment PropertiesMore Info
336-541-5508

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Tim KnowlesBrown Investment PropertiesMore Info
336-541-5508

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