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106 South Ray Street
Carthage, NC 28327
Asking Price
$2.10M
Asset Type
Restaurant Retail
Class
Class B
What's Special
Turnkey Restaurant For Sale in Carthage, NC <ul><li>+/- 5,500 SF turnkey restaurant</li><li>Historic Tyson & Jones Buggy Factory building (1906; renovated 2023)</li><li>Corner location in downtown Carthage on +/- 0.41 acres (3 parcels)</li><li>Outdoor pavilion seating/event area included</li><li>Former brewery restaurant location with existing hospitality infrastructure</li></ul>
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85
