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Mixed-Use Land for Sale in Morganton, North Carolina

1307 E Union St, Morganton, NC 28655

$3,199,000
71 acres
Active
Est $23,780/mo

Morganton Investment Opportunity. 71+-acres near 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.

Location

Street address
1307 E Union St
Elevation
1,129 feet
Coordinates
35.7548, -81.6642

Directions

From Downtown Morganton, travel South Sterling Street. Turn left onto East Meeting Street. Travel East Meeting Street until it turns into East Union Street. Property on left. See sign.

Property details

Acreage
71 acres
Zoning
MID
MLS #
CMLS 4151645
Posted

Parcels

  • 2704905583

Legal description

Details and features

Listing

Type
Land

Lot

Features
Creek Front, Creek/ Stream, Level, Paved, Private, Wooded

Exterior

Structures
Outbuilding

Structure

Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
HillcrestElementary
Walter JohnsonMiddle
FreedomHigh

Listing history

DateEventPriceChangeSource
Aug 8, 2025Price increase$3,199,000$300,000 10.3%CMLS
Aug 8, 2025Back on market$2,899,000CMLS
Oct 18, 2024New listing$2,899,000CMLS
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This 71-acre property is located at 1307 E Union St in Morganton, NC 28655. The property is available for sale for $3,199,000 with a price per acre of $45,056.

Checked 1 hour ago — Updated

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