Address
905 Carbon City Road, Morganton, NC
Price
$ 320,000
Property Attributes
- ID#3926643
- TypeCommercial
- CountyBURKE
- CityMorganton
- AreaBurke County
- Zip28655
- StyleFree Standing Store
- Price$ 320,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage720
- Lot Size1.38 Acres
Data Source:
Canopy MLS
Property Description
Price Cut!! Opportunity and potential cash-flow await with this 2 bedroom, 1 bath, 720 hsf short-term vacation rental along with growing and retail greenhouse and garden in Morganton NC! Sitting between Historic Morganton and the quaint town of Glen-Alpine on US 70/Carbon City Rd is this long-standing converted garden shop into a turn-key, with décor and furnishings, successful short-term vacation rental along with a growing and retail greenhouse/garden. Healthy cash flow is in place with around 85% occupancy rate on the vacation rental. The greenhouse has been recently recovered with new plastic and includes a retractable rear panel that can be opened for expanded opportunities. Additional income could potentially be produced with an existing RV site with electric, water and sewer hook-ups. AND/OR host parties and small events in the beautiful rear pond and waterfall area of the property! See it soon before it's too late!
| Price History | |
|---|---|
| 12/13/2022 | Listed $419,000 |
| 5/24/2023 | 5% - $399,000 |
| 9/20/2023 | 3% - $389,000 |
| 1/2/2024 | 18% - $320,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Natural Gas |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Gas |
| Roof | Metal |
| Construction Materials | Frame |
| Year Built | 1900 |
| Property SubType | Free Standing Store |
| Gross Income | 30600 |
| Elevation | 1000 |
| Waterfront Features | None |
| Accessibility | Two or More Access Exits,Door Width 32 Inches or More,Entry Slope less than 1 foot |
| County | Burke |
| Net Operating Income | 19200 |
| Operating Expense | 11400 |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Possible Use | Gardening,Recreational,Residential,Other - See Remarks |
| Directions | Hwy 70 W/Carbon City Rd out of Morganton toward Glen Alpine,property is on the Left. See Sign. Do not disturb short-term renters of home. |
| City | Morganton |
| Street Name | Carbon City |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Restrictions | No Restrictions |
| Tax Assessed Value | 148062 |
Interior Features
| Flooring | Wood |
|---|---|
| Street Suffix | Road |
| Total Baths | 1 |
Exterior Features
| Water Source | City |
|---|---|
| Inclusions | Building,Equipment,Fixtures,Land |
| Lot Size Area | 1.38 |
| Foundation Details | Crawl Space |
| Number of Buildings | 2 |
| Building Area Total | 720 |
| Lot Dimensions | 250x274x210x160 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | State Road |
| Road Responsibility | Publicly Maintained Road |
| Road Frontage | 250 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28655
Year Built
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