1307 E Union Street Morganton, NC $ 2,899,000
1307 E Union Street
$ 2,899,000
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1307 E Union Street

Morganton, NC, 28655
$ 2,899,000
Baths0.0

Monthly Estimate*

$ 19,268

1307 E Union Street, Morganton, NC 28655 - Image 1
1307 E Union Street, Morganton, NC 28655 - Image 2
1307 E Union Street, Morganton, NC 28655 - Image 3
1307 E Union Street, Morganton, NC 28655 - Image 4
Studio

Lots and Land for sale in Morganton, NC

for $2,899,000. The lot size is 71.

Morganton Investment Opportunity. 71+-acres near 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.

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Lots and Land Active

Price

$ 2,899,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Acreage

Lot Size

71

Town/City

Morganton

County/Region

Burke

MLS | Web ID

4151645

Features
General
Sewer Public Sewer
Zoning MID
Property SubType Acreage
Waterfront Features None
Additional Parcels Description REID's: 433 61531 & 8073 & 8075 & 8076
County Burke
Property Type Land
Subdivision Name None
Possible Use Commercial Multi-Family Residential Subdevelopment
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.
High School Freedom
City Morganton
Lot Size Units Acres
Elementary School Hillcrest
Middle/Junior High School Walter Johnson
Standard Status Active
Restrictions Other - See Remarks
Tax Assessed Value 216660
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Exterior
Lot Features Creek Front Level Paved Private Creek/Stream Wooded
Water Source City
Lot Size Area 71
Lot Dimensions Irregular
Road Surface Type Paved
Road Frontage Type State Road
Road Responsibility Publicly Maintained Road
Road Frontage 430
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Internal Only
Street Number 1 1307
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* Excluded Features
List By
C Shane Cook & Associates

Broker

Affordability Calculator

$19,268
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,268
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2374414 Elementary School
1851554 Middle School
Freedom High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2024$2,899,000 Listed Price

Map


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1307 E Union Street, Morganton, NC, 28655 is a Lots and Land for sale at $2,899,000 with a lot size of 71. 1307 E Union Street is a studio with 0.0 baths. The property's zip code is 28655 which is in Morganton, NC