106 S Ray ST, Carthage, NC 28327
106 S Ray ST, Carthage, NC 28327
106 S Ray ST, Carthage, NC 28327
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$2,100,000
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5,500 SqFt
New

106 S Ray ST Carthage, NC 28327

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Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $381

Subdivision Not In Subdivision

MLS Listing ID 100568861

Year Built 1906

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 121.8x130x83.2x21.3x69.3x113.8

Property Sub-Type Improved

Source Hive MLS

Property Description

Turnkey restaurant opportunity in the heart of Carthage, NC, prominently located on the corner of N Ray St and McReynolds St. This 5,500 SF, two-story brick building--originally built in 1906--was fully renovated in 2023 and was most recently the home to The Buggy Factory by Southern Pines Brewing.

The property spans three parcels totaling 0.41 acres and offers a rare chance to operate within a historic structure that has been thoughtfully restored and preserved, blending original character with modern updates. The space is already configured for food and beverage use, making it an attractive turnkey option for operators looking to step into an established hospitality setting.

In addition to the interior space, the property features an outdoor area with a pavilion, ideal for events and expanded seating opportunities. Parking is available surrounding the building and is owned by the Town of Carthage, providing convenient access for customers and guests.

This offering is a short sale and is subject to deed restrictions. Additionally, the Town of Carthage holds a right of first refusal.

A unique opportunity to combine historic charm with existing restaurant infrastructure in a growing downtown setting.

Photos are from when the business was in operation

Location

State NC

County Moore

Community Not In Subdivision

Zoning CBD

Direction From Pinehurst Circle, take exit onto US-15 N/US-501 N, turn left onto NC022N/S McNeill St, turn left onto Monroe St, at Carthage traffic circle take exit onto Courthouse Square/McReynolds St, property will be at the next intersection on the left at the corner of McReynolds St and S Ray St.

Interior

Heating Electric

Building

Lot Description Corner Lot

Foundation Basement, Crawl Space

New Construction No

Others

Tax ID 00006871

Acceptable Financing See Remarks

Listing Terms See Remarks

Special Listing Condition Short Sale


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Carolina Summit Group, LLC

Nearby Locations

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David Frost

David Frost

Team Leader | Agent | License ID: 278232

+1(910) 670-1554

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106 S Ray ST