106 S Ray Street, Carthage, NC

$2,100,000

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0.41

Acres

About 106 S Ray Street

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

Features of 106 S Ray Street

MLS® # 100568861
Price $2,100,000
Acres 0.41
Year Built 1906
Type Commercial Sale
Sub-Type Improved
Status Active

Community Information

Address 106 S Ray Street
Subdivision Not In Subdivision
City Carthage
County Moore
State NC
Zip Code 28327

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Electric
Fireplace No
# of Fireplaces 6

Exterior

Lot Description Corner Lot
Construction Brick
Foundation Basement, Crawl Space

Additional Information

Date Listed April 22nd, 2026
Days on Market 120
Zoning CBD
Foreclosure No
Short Sale Yes
RE / Bank Owned No

Listing Details

OfficeCarolina Summit Group, LLC

Listing Map

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