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1503 N Green St 6,916 SF Retail Building Morganton, NC 28655 $550,000 ($79.53/SF)

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INVESTMENT HIGHLIGHTS

  • Strong location in a growing neighborhood
  • Room to grow both business revenue and property value

EXECUTIVE SUMMARY

High-Traffic Gas Station & C-Store with Rental Income Potential
A rare opportunity to own a well-positioned convenience store and gas station on one of Morganton’s busiest corridors. Located just minutes from downtown and directly on the route to Lake James and the Blue Ridge Mountains, this property offers exceptional visibility, steady local and travel traffic, and multiple income streams.
The 6,916 sq ft building sits on a 0.54-acre corner lot, featuring:
A fully operational convenience store with gas pumps
Multiple retail/service areas for expanded business offerings
An upstairs apartment—perfect for owner-occupancy or rental income
Ample parking and easy access from the main road
?? Renovation & Investment Potential
Solid construction with room to renovate or reconfigure
Ideal for adding services like a deli, coffee counter, vape/smoke shop, or take-out kitchen
Live/work setup or split into multiple rental units
Zoned commercial – flexible for various business uses
?? Prime Location Benefits
Oak Hill Community Park & Forest – 0.9 mi
Walmart Neighborhood Market – 1.0 mi
Freedom High School – 1.3 mi
Minutes from I-40, downtown Morganton, Lake James, and outdoor recreation areas
?? Why This Property Stands Out
Gas station + C-store combo in an under-served corridor
Affordable price point for square footage and lot size
Whether you're an investor, owner-operator, or entrepreneur, this is a turnkey location with high upside potential. With excellent road frontage, built-in rental possibilities, and flexible commercial space, this property checks all the boxes.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,916 SF
Building Class
C
Year Built
1955
Price
$550,000
Price Per SF
$79.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.54 AC
Zoning
C - Commercial
Parking
12 Spaces (1.74 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22592
Land Assessment
$43,200
Improvements Assessment
$175,909
Total Assessment
$219,109
  • Listing ID: 38321607

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 1503 N Green St, Morganton, NC 28655

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