1307 E Union Street
Morganton, North Carolina NC 28655-5380
Listing ID 3683527
Price: $2,899,000
Active Status
73 Acres
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.
County: Burke
Property Sub Type: Unimproved Commercial
Property Type: Commercial
Year Built: 1901
Zoning: MID
Cooling: Central Air, Window Unit(s)
Flooring: Vinyl, Wood
Heating: Central, Electric, Natural Gas
SqFt Available Maximum: 5000
SqFt Available Minimum: 3000
Construction Type: Site Built
Flood Plain: No
Foundation Details: Crawl Space
Lot Size Dimensions: Irregular
Lot Size Units: Acres
New Construction: no
Number Of Buildings: 3
Rail Service: No
Road Frontage: 430
Road Frontage Type: City Street, State Road
Road Responsibility: Publicly Maintained Road
Roof: Composition
Utilities: Cable Connected, Electricity Connected, Gas
HOA Subject To: None
Inside City: yes
Deed Reference: 2285/185
Possible Use: Commercial, Multi-Family, Private Estate, Recreational, Residential
Easement: Electric,Gas,Sewer,Water
Inclusions: Building,Fixtures,Land
Number Of Units Leased: 3
Restrictions: Other - See Remarks
Restrictions Description: See deed
Special Listing Conditions: Subject to Lease
Transaction Type: For Sale

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Listed by: C Shane Cook & Associates 828-443-7318

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