Commercial

106 Ray Street, Carthage

$2,100,000

  • Listing ID #: 100568861
  • Status: Active
  • Address: 106 Ray Street, Carthage, NC 28327
  • Date Listed: 4/22/2026
  • Days on Market: 147
  • Acres: 0.41
  • Stipulations: Short Sale
  • Subdivision: Not In Subdivision

Location Location

Agent Comments Agent Comments
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

Additional Features Additional Features
  • County: Moore
  • Days on Market: 147
  • Pool: No
  • Year Built: 1906
  • Property Type: Commercial

Financial Financial
  • Short Sale: Short Sale

Interior Features Interior Features
  • Heat System: Electric
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Is New Construction: No
  • Foundation: Basement,Crawl Space

Location Location
  • Street Number: 106
  • County: Moore
  • Latitude: 35.346573
  • Longitude: -79.418488
  • Subdivision: Not In Subdivision

Listed by: Holly Spofford Bell from Carolina Summit Group, LLC.