Whitney Commercial Real Estate: Prime location with great visibility from Interstate 40; which has 44;000 cars passing by the parcel each day. The land is approximately 1.3 acres allowing a variety of great develop opportunities. It is directly to the left of the new Cracker Barrel that opened in 2015. Cracker Barrel draws a large number of travelers and locals daily. The Blue Ridge Healthcare Hospital of Morganton; NC is directly behind the property. Blue Ridge Healthcare; Cracker Barrel and the current owners agreed on an easement road from Bush Drive into Blue Ridge Healthcare Hospital of Morganton; NC (please see attachment for details on the easement agreement). There are many uses for this vacant property; including: franchises; hotels; gas stations; and more. Currently there are restrictions on the property from Cracker Barrel that limit the kinds of restaurants that can be developed on the site (please see lease restrictions in the memorandum of lease for Cracker Barrel attachment). The access road from Bush Drive to the hospital has an agreement that states Cracker Barrel will maintain the road until their lease expires or the adjacent property (125 Bush Drive) is sold or leased.
The land is surrounded by great businesses that attract locals and travelers daily. Wonderful opportunity!
Take exit 105 off of I-40. Turn to go North on S. Sterling Street. First right before McDonald's on Bush Drive. The parcel is to the left of Cracker Barrel.
The land is located in Morganton; NC. A thriving town in Burke County. The parcel is located right off I-40; with great visibility from the interstate. It is located off a desirable exit for travelers.
- Price: $550,000
- Square Feet: 0
- Acres: 1.300
- County: Burke County
- Zoning: CBD
- Price per SqFt: $423,077
- Price per Acre: $423,077
- Listed By: Whitney Commercial Real Estate Services