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28 photos

$475,000

Morganton, NC 28655

Listed by Laura Ervin Mulwee · Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

1930

About this home

THIS PROPERTY IS AVAILABLE FOR SALE...IT IS LEASED ON A MONTH-TO-MONTH BASIS. Own a piece of Morganton’s history! Originally St. Stephens Episcopal Church, this charming property was thoughtfully renovated in 2021, blending its historical architecture with modern updates. Renovations were for a doughnut shop and included a new roof and HVAC. Kitchen is downstairs, so space was left to add a dumbwaiter. If looking for a restaurant space, enjoy the tankless water heaters, vented hood and grease trap (also added in 2021) making it ready for continued culinary use or a fresh business venture. Plenty of seating in the main dining area and there's also outdoor patio seating. Located behind the Fairfield Inn & Suites and across the street from Morganton's vibrant central business district. Downtown Morganton is perfect for anyone looking to invest in a thriving community with a blend of history and modern growth. Downtown Morganton has shopping, dining, and places a strong emphasis on the arts. Don’t miss this unique opportunity!

Property details

MLS #: CAR4190566
Property type: Food/Beverage
Subdivision: N/A
Status: Active
Days on market: 534
On market date: N/A
Stories: N/A
Garage spaces: N/A
Lot size: N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Hillcrest Elementary

1.01 mi away · Grades -1-5

Zoned school (attendance boundary, 2015-16 data)

2.6

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: D (2025)

Enrollment: 266
Student:teacher ratio: 14.8:1
District: Burke County Schools

Middle

Walter R Johnson Middle

2.12 mi away · Grades 6-8

Zoned school (attendance boundary, 2015-16 data)

2.3

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: D (2025)

Enrollment: 489
Student:teacher ratio: 15.3:1
District: Burke County Schools

High

Burke Middle College

1.83 mi away · Grades 11-12

Zoned school (attendance boundary, 2015-16 data)

3.8

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: A (2025)

Enrollment: 128
Student:teacher ratio: 42.7:1
District: Burke County Schools

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Est. monthly payment

$3,011/mo

$95,000 down

$380,000 loan

Principal & interest$2,465

Property tax (est.)$396

Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.