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$710,000 Just Listed
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Property Description
117 W Union St, Morganton, NC 28655 is a prime historic commercial property in the heart of Morganton's vibrant Downtown Historic District. The ground floor is commercial and leased yearly potential to be divided into 2 units, upstairs there is offices that can be converted to at least 2 luxury residential apartments that could possibly be rented for $2000 a month or more for each proposed apartment. This approximately 5,460 sq ft, two-story brick building offers excellent visibility and foot traffic on West Union Street. It features a classic commercial Italianate-style facade. The upper level includes three two-over-two windows topped by connected segmental arches, plus a distinctive cornice with a narrow recessed panel above arcaded corbelling. The ground floor is leased commercially year to year. Upstairs has 20 plus offices and 4 bathrooms not leased at this time. Also Lease to multiple tenants, Versatile Space - Ideal for retail, restaurant, office, gallery, mixed-use (retail + upstairs APARTMENT/LOFTS), or professional services. Confirm all uses with the City of Morganton. Prime Downtown Location - Steps from shops, restaurants, offices, the historic courthouse square, and community events. Morganton's growing downtown scene attracts locals and visitors alike.
Full Property Details
Full Property Details for 117 W Union St
General
- Price: $710,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4382307
- Updated: 5/15/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: None
Parking
- Parking Features: Parking Space(s)
Location
- County: Burke
Community
- Pets Allowed: Yes
- Pets: Conditional
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Square Feet: 5,460
- Year Built: 1901
Lot Features
- Street/Road Desc.: None, Paved
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 2954
- Lot Number: 1520-640
Listed by FK and Associates Real Estate Firm
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Schools
Schools serving 117 W Union St
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary, Morganton, NC 805 Bouchelle Street, Morganton, NC 28655 | PK-5 | 0.9 mi |
Walter R Johnson Middle 701 Lenoir Road, Morganton, NC 28655 | 6-8 | 2.4 mi |
Freedom High 511 Independence Boulevard, Morganton, NC 28655 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 W Union St
Date
Details
Price
Change
Source
5/15/2026
Listed
$710,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 117 W Union St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,040
-1%
$367,540
—
2023
$2,058
92%
$367,540
138%
2022
$1,074
—
$154,527
—
2021
$1,074
—
$154,527
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 W Union St
117 W Union Street, Morganton, NC 28655 (MLS# 4382307) is a Single Family property with 0 bedrooms and 0 full bathrooms. 117 W Union Street is currently listed for $710,000 and was received on May 15, 2026. Want to learn more about 117 W Union Street? Do you have questions about finding other Single Family real estate for sale in Morganton? You can browse all Morganton real estate or contact a Coldwell Banker agent to request more information.

