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$960,000
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Property Description
Iconic 1901 landmark in the Heart of Downtown Morganton. Endless Potential Across Three Street-Level Storefronts and Expansive Upper Level. Own a piece of Morganton's history with this striking 1901 commercial building, perfectly positioned in the vibrant heart of the Historic District. Spanning three street-level addresses 118, 120, & 124 N Sterling St - this rare offering combines timeless charm with flexible space. Currently home to professional offices, a retail shop, and a local snack bar, the property features: Three high-visibility storefronts with strong foot traffic and individual entrances. A large upper-level open floor-plan with soaring ceilings and limitless potential - ideal for loft-style apartments, event space, creative studios, or additional commercial suites. Prime visibility in one of downtown Morganton's most walkable, bustling blocks. Whether you're an investor, entrepreneur, or visionary developer, this is your chance to bring new life to the heart of downtown.
Full Property Details
Full Property Details for 118 N Sterling St
General
- Sold For: $960,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4256812
- Added to Site: 258 day(s) ago
Location
- County: Burke
- City Limits: Yes
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 2
- Basement: Yes
- Basement Desc.: Partial, Sump Pump, Other
- Ceiling Height: 10
- Square Feet: 10,702
- Minimum Avail: 10,702 Sq. Ft.
- Year Built: 1901
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Restrictions: Use
- Inclusions: Building, Land
- Property ID: 2703273342
- Lot Number: 1605-276
Listed by Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Sold by Belote Realty
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Schools
Schools serving 118 N Sterling St
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Hillcrest Elementary, Morganton, NC 201 Tennessee 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Sterling St
Date
Details
Price
Change
Source
5/30/2025
Sold
$960,000
-26.15%
MLS
5/08/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 N Sterling Street, Morganton, NC 28655 (MLS# 4256812) is a Commercial property that was sold at $960,000 on May 30, 2025. Want to learn more about 118 N Sterling Street? Do you have questions about finding other Commercial real estate for sale in Morganton? You can browse all Morganton real estate or contact a Coldwell Banker agent to request more information.

