Rare Find!!! Hotel with 115 rooms sitting on over 3.5 acres at present, however Hwy 18 is going to be four lane, which could property size, within 1/4 mile of I-40, which has a daily traffic count of more than 44k cars a day. Propery has over 474 ft of road frontage on Hwy 18 South, is zoned General Business, with lends itself to numerous commerical developement opportunities. Main office building has over 5000 heated square feet and has a former restaurant section, that could be brought back up to Health Dept. standards with some investment. *Guest Rooms Heat & Air conditioning units are separate units for each room, interior room walls & roof are concrete & wall block. Owner will consider partial owner financing on acceptable offer.
Sold for $3,300,000
Street View
$3,300,000
2402 S Sterling St, Morganton, NC 28655
--beds
0baths
42,604sqft
SingleFamily
Built in 1978
3.57 Acres Lot
$-- Zestimate®
$77/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 42,604 sqft
Property
Lot
- Size: 3.57 Acres
Details
- Parcel number: 16596
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1978
Community & HOA
Location
- Region: Morganton
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $2,531,010
- Annual tax amount: $14,047
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2023 | Sold | $3,300,000+149.8%$77/sqft |
Source: Public Record Report a problem | ||
| 6/5/2019 | Sold | $1,321,000+34.1%$31/sqft |
Source: Public Record Report a problem | ||
| 8/2/2005 | Sold | $985,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,047 -0.9% | $2,531,010 |
| 2024 | $14,174 +46.3% | $2,531,010 +46.3% |
| 2023 | $9,688 -22.9% | $1,729,945 -4.3% |
| 2022 | $12,567 | $1,808,169 |
| 2021 | $12,567 +54.4% | $1,808,169 +54.4% |
| 2020 | $8,139 +1297.9% | $1,171,121 |
| 2019 | $582 -92.6% | $1,171,121 +3.2% |
| 2018 | $7,885 +2.2% | $1,134,601 |
| 2017 | $7,715 | $1,134,601 |
| 2016 | $7,715 0% | $1,134,601 0% |
| 2015 | $7,715 | $1,134,609 |
Find assessor info on the county website
Neighborhood: 28655
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Nearby schools
GreatSchools rating
- 8/10Mull ElementaryGrades: PK-5Distance: 1.1 mi
- 5/10Liberty MiddleGrades: 6-8Distance: 1.3 mi
- 8/10Robert L Patton High SchoolGrades: 9-12Distance: 1.6 mi
- North Carolina
- Burke County
- Morganton
- 28655
- 2402 S Sterling St