# 106 S Ray Street, Carthage, NC 28327

> **TL;DR:** single family, $2,100,000 ($382/sqft), built 1906, 5,500 sqft. Est. $9,100/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,100,000 |
| Price/sqft | $382 |
| Square Feet | 5,500 |
| Year Built | 1906 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,100 |
| **Total** | **$9,100** |

## Property Highlights

- Built in 1906
- 0.41 acre lot

## Description

### Agent 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

- **Address:** 106 S Ray Street, Carthage, NC 28327
- **County:** Moore
- **Neighborhood:** Not In Subdivision
- **Coordinates:** 35.346573, -79.418488
- **Google Maps:** https://www.google.com/maps?q=35.346573,-79.418488

## Listing Agent

- **Name:** Holly Spofford Bell
- **Brokerage:** Carolina Summit Group, LLC
- **Phone:** 9106901065
- **Email:** holly@csgnc.com

## Primary Photo

![106 S Ray Street - Primary Photo](http://lh.rdcpix.com/8fe0b9efc32505db86af40da5bfa64a8l-f720797303r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/106-s-ray-street-carthage-nc-28327-00568861)*

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**MLS#:** 100568861 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/106-s-ray-street-carthage-nc-28327-00568861)

---

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