INNOVATE Real Estate
Business at Lenoir
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$219,999

Lenoir, NC 28645
Listed by Sasha Oachs · Harper Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1960

About this home

PRIME B-2 Commercial Property on Lenoir's Main Corridor! High-traffic Morganton Boulevard offers exceptional visibility and flexibility with City of Lenoir (B-2) General Business zoning. The existing structure, originally an A&W, built 1960, full of nostalgia, could be brought back for a wide range of uses, including retail, office, medical, restaurant, personal services, and more. Conveniently located along the US 321 corridor with strong daily traffic counts (18,000-20,000 AADT) and entry into one of Lenoir’s primary commercial corridors. Growing economic fundamentals, strong daily traffic, and one of the most business-friendly B-2 designations in the City of Lenoir. Whether you’re an owner-user ready to plant your flag or an investor looking for a value-add play in a market with real upside, 1425 Morganton Blvd SW deserves a hard look.

Property details

MLS #
CAR4374788
Property type
Business
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
May 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
West Lenoir Elementary
0.66 mi away · Grades 3-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
133
Student:teacher ratio
12.1:1
District
Caldwell County Schools
Middle
Gamewell Middle
3.64 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
502
Student:teacher ratio
14.8:1
District
Caldwell County Schools
High
Caldwell Applied Sciences Academy
4.66 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
204
Student:teacher ratio
14.6:1
District
Caldwell County Schools

Walkability

Blended score for Lenoir's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

56
Somewhat walkable
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes15
Grocery stores2
Parks3
Schools2
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Lenoir, from live MLS data.

On the market 0 days -- 272 fewer days than Lenoir's current average of 272 days.
For reference, the median list price across 330 active listings in Lenoir right now is $188,200.

Mortgage calculator

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Est. monthly payment
$1,475/mo
$44,000 down
$175,999 loan
Principal & interest$1,142
Property tax (est.)$183
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 4, 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.