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Listed by Carolina Summit Group, LLC
$ 2,100,000
Est. payment | /mo
0.41 Acres Lot
$ 2,100,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Other Types
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100568861
HOA Y/N No
Year Built 1906
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Improved
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
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
Zoning CBD
Interior
Heating Electric
Fireplace No
Exterior
Present Use Vacant
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
Nearby Locations
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