Magnolia Plaza

1251 Burkemont Avenue, Morganton, NC 28655

  • For Sale $9,650,000
  • Property Type Retail - Street Retail
  • Property Size 103,788 SF
  • Lot Size 16.78 Acre
  • Additional Rent Contact for pricing
  • Year Built 1987
  • Date Updated Dec 12, 2024
Centrally located between Charlotte, Asheville, and Greenville, NC, sitting on Burkemont Ave/US Hwy 64 with 25K VPD. Neighboring major economic drivers like Western Piedmont Community College (7,000+ students), Broughton Hospital (382 beds), and Murphy’s Farm Apartments (240 new units).Upon closing, additional yield can be immediately captured as 4 of the 5 vacant units are less than 5,000 SF and all spaces are second generation. Serving a expansive True Trade Area, Magnolia’s enduring presence within Morganton is fortified by the center’s traffic coming from outside a 5 mile radius.
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Contacts

broker
Jordan Collier

Meybohm Commercial Properties

Location

Getting Around

  • Walk Score ®

    26/100 Car-Dependent

  • Bike Score ®

    11/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Morganton, NC
  • Zip Code 28655

Points of Interest

  • Raceway

    0.14 miles

  • Marathon

    0.26 miles

  • Exxon

    0.37 miles

  • Citgo

    0.39 miles

  • Murphy USA

    1.03 miles

  • Speedway

    1.68 miles

  • Ingles

    2.00 miles

  • Motor Pool

    0.73 miles

  • Horse Trailer Parking

    9.56 miles

  • Domino's

    0.02 miles

  • Pho Lao

    0.09 miles

  • Zeko's Village

    0.10 miles

  • Tokyo Diner Japanese Restaurant

    0.13 miles

  • Subway

    0.13 miles

  • Taco Bell

    0.14 miles

  • Denny's

    0.16 miles

  • Butch's Barbeque & Breakfast

    0.18 miles

  • Hardee's

    0.19 miles

  • Dunkin'

    0.20 miles

  • Big Lots

    0.12 miles

  • Food Lion

    0.27 miles

  • TJ Maxx

    0.83 miles

  • Ross

    0.85 miles

  • Belk

    0.88 miles

  • Walmart Supercenter

    1.04 miles

  • ALDI

    1.26 miles

  • Old Salem General Store & Arcade

    1.28 miles

  • Laos Lanxang Asian Grocery Store

    1.48 miles

  • Roses

    1.94 miles

Frequently Asked Questions

How much does Magnolia Plaza cost?

The space currently listed for sale at Magnolia Plaza asks for $9,650,000.

What is the total square footage of Magnolia Plaza?

Magnolia Plaza totals 103,788 square feet.

When was this property built?

Magnolia Plaza was built in 1987.

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Contact Listing Broker
broker
Jordan Collier

Meybohm Commercial Properties