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For Sale
$2,290,000

1307 E Union Street
Morganton, NC 28655

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. Read More

Market Status
Available
Last Updated
April 8, 2021

Property Type
Land
Architecture
Lots/Acreage

Local Market Conditions

There are currently 121 properties for sale in the Morganton, NC area with the average listing price of $398,287. This represents an increase of +2.7% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +14.3% increase. To learn more about the Morganton, NC area, contact a local expert!

Market Snapshot for Morganton, NC

Avg. Listing Price

$398,287

Wk ending Apr 3

$+10,484

+2.7%

w-o-w

121

3190

320

22

11

Average Listing Price for Morganton, NC
No. BedroomsNo. Beds Week Ending
(Apr 3)
w-o-w Week Ending
(Mar 27)
Week Ending
(Mar 20)
Week Ending
(Mar 13)
All PropertiesAll $398,287 +2.7% $387,803 $376,830 $369,875
1 bedroom1 BR $67,450 +0.0% $67,450 $67,450 $67,450
2 bedrooms2 BR $351,356 +14.3% $307,270 $294,782 $250,243
3 bedrooms3 BR $235,729 -2.9% $242,785 $248,553 $252,263
4 bedrooms4 BR $685,638 +9.7% $625,007 $584,777 $530,565

Data Provided by Canopy MLS

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This $2,290,000 Land at 1307 E Union Street in Morganton, NC is presented by Allen Curtis and has been on the market for 112 days. This $2,290,000 Land is located in the 28655 zip code. This 1307 E Union Street Land, located in Burke County , is listed under MLS listing number 3683520 and has a listing price of $2,290,000. You can find more Morganton homes for sale here.

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