1425 Morganton Sw Boulevard, Lenoir, NC 28645

$219,999

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Listing courtesy of Harper Realty. Sasha@HarperRealtyNC.com

List Price
$219,999
MLS#
4374788
Status
ACTIVE
Days on Market
84
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1960
Lot Size
22,651
Lot Size Area
0.52
County
Caldwell
Special Conditions
Estate, None

Property Description

PRIME B-2 Commercial Property on Lenoir's Main Corridor! High-traffic Morganton Boulevard offers exceptional visibility and flexibility with City of Lenoir (B-2) General Business zoning. The existing structure, originally an A&W, built 1960, full of nostalgia, could be brought back for a wide range of uses, including retail, office, medical, restaurant, personal services, and more. Conveniently located along the US 321 corridor with strong daily traffic counts (18,000-20,000 AADT) and entry into one of Lenoir’s primary commercial corridors. Growing economic fundamentals, strong daily traffic, and one of the most business-friendly B-2 designations in the City of Lenoir. Whether you’re an owner-user ready to plant your flag or an investor looking for a value-add play in a market with real upside, 1425 Morganton Blvd SW deserves a hard look.

Additional Information

Foundation
Slab
Heating
None
Water
City
Sewer
Public Sewer
Exterior Construction
Block
Roof
Metal
Parking
Attached Carport
Driveway
Paved
Lot Description
Creek Front, Flood Plain/Bottom Land
Zoning
B2

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Calculator source: Real Geeks

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