Morganton Storage - North Carolina

3495 Hwy 18 South Morganton, NC 28655

3495 Hwy 18 South, Morganton, NC, 28655
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FOR SALE
Property Type:
Self Storage
Amount:
$1,200,000
Last Verified:
Mar 15, 2024

Highlights

  • 97% Occupied
  • Room to Expand 4500 SF - 8000 SF
  • 92 units
  • Morganton Population just under 18,000

Description

SVN and SelfStorageSales.com are pleased to offer for sale, Morganton Storage, located in Morganton, NC, which is a growing area just one hour Northwest of Charlotte. Morganton Storage is 13,856 SF with ample expansion room on 2.02 acres. This facility is fully fenced with an automated gate system. The property is 98% occupied and strategically located near the tri-intersection of North Carolina State Highway 18, Zero Mull Road, and Mt. Home Church Rd with frontage on both Highway 18 and Zero Mull Road. Expansion Plans available for an additional 12,500 SF.

Morganton, North Carolina is approximately 75 miles Northwest of Charlotte. The current Charlotte metro area shows an increasing population of 2,267,000. Morganton is part of the Hickory-Lenoir-Morganton MSA which shows a growing population of over 365,000.

Morganton has just under 20,000 people and is the county seat of Burke County, North Carolina. Morganton has one of the highest concentrations of state employees in North Carolina. Among the largest state employers in the City are Broughton Hospital, North Carolina School for the Deaf, J. Iverson Riddle Developmental Institute, Western Piedmont Community College, and the new western campus of the North Carolina School of Science and Math, also known as NCSSM-Morganton. The new strategic public investment in the campus and adjoining properties is estimated to attract more than $152 million in private capital for a mixed-use district

Other major employers include furniture manufacturing facilities and businesses catering to the many tourists who travel through the area on Interstate 40 to nearby attractions in the Blue Ridge Mountains.

Building Size: 13856sq ft
Lot Size: 2.02 acres


Documents

Morganton NC OM
2023 inc exp 2024 budget.pdf
Morganton Flyer

Map of 3495 Hwy 18 South, Morganton, NC, 28655

Presented by:
SVN | Wilson Commercial Group

Request additional information
Kristen Wilson-Asman


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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