(864) 362-2375
106 Ray Street
$2,100,000

106 Ray Street, Carthage, NC 28327

0Baths
5,500SQFT
0.41Acres
1906YearYear Built

About This Home

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

Key Facts

Status: Active
Type: Commercial Sale
Neighborhood: Not In Subdivision
Fireplace: Yes
Annual Taxes: $4,580
HOA Fees: Not provided
MLS: Hive
MLS #: 100568861

Features

Improved

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$10,619Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $2,100,000
Status: Active — For Sale
Days on market: 164
Last updated: Aug 19, 2026

Schools

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Listing courtesy of Carolina Summit Group, LLC
Source MLS #: 100568861
Last updated: Aug 19, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.