1550 US Hwy 1, Southern Pines, NC 28387

$800,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 72,310 Status: Closed
Current Price: $800,000 List Date: 6/17/2014 Last Modified: 12/03/2025

Description

High Profile Location on US Hwy 1; Includes Restaurant Furniture Fixtures and Equipment; But, Not Business Name Therefore No Business Records Provided. Ideal For Immediate Restaurant Use or Re-Development; High Traffic Count With Location 200 Feet South of New Traffic Interchange. Listing Agent to Accompany. Prior-Qualification Required. The Restaurant has two dining areas to accommodate 120 people and banquet room for 90 people. Bar seats 23. The kitchen has commercial gas stoves; pizza oven; stainless steel serving tables and warmers; 2 stainless steel double sinks; Large wine display room; wine cooler and beer cooler; walk-in coolers; freezer; security system w/cameras. Utensils; furniture; and decorations for immediate use. All FF&E was Sold separately at auction to the benefit of the

Supplements: Seller.

More Information MLS# 160247

Building/Ext Features

# of Parking Spaces: 100 # of Restrooms: 0 # of Units: 0 Lot Acres: 1.66 Lot SqFt: 0 SqFt - Apx Total: 5456 SqFt - Total Available: 0 SqFt - Office: 0 SqFt - Retail/Display: 0 SqFt - Warehouse: 0

Contract Info

List Price/SqFt: 182.37 Status: Closed Marketing Start Date: 2014-06-17 Listing Price: 995000 Current Price: $800,000

Location Information

Marketing City: Southern Pines Street #: 1550 Street Name: US Hwy 1 County: Moore State/Province: NC Zip Code: 28387 Geo Lat: 35.161424 Geo Lon: -79.41063

Remarks and Showing

Sign on Property: Yes Directions to Property: Between Pinehurst Avenue and Murray Hill Road on west side of US Hwy 1

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 0 Total City Real Estate Property Tax: 3831 Deed Book: 980 Deed Page: 232 Legal: Whitehouse Lot 24 PID: 00050381 Total Real Estate Property Taxes: 0 Tax Year: 2013 Zoning: GB Year Built: 1981

Lease Info

Lease Rate: 0 Deposit: 0

Business Type

Comm Condominium: 1 Food Service: 1 Hotel/Motel: 1 Professional/Office: 1 Retail: 1 Shopping Center: 1 Other: 1

HOA

Association Fee 1/Year: 0

Exterior Finish

Wood Siding: 1

Terms

Cash: 1

Foundation

Slab: 1

Status Change Info

Under Contract Date: 2015-01-13 Sold Price: $800,000 Sold Date: 2015-04-30

Property Features

Business Type: Comm Condominium; Food Service; Hotel/Motel; Professional/Office; Retail; Shopping Center; Other Exterior Finish: Wood Siding Foundation: Slab Terms: Cash
Listing Office: Unknown Agency
IDX
Last Updated: December - 03 - 2025
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.