38 Chinquapin Road, Pinehurst, NC 28374

$1,550,000
Property Type: Comm Sale or Lease Square Footage: 5,527 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,550,000 List Date: 10/29/2021 Last Modified: 12/14/2021

Description

RARE OPPORTUNITY! 1920's Historic building now available for Sale. 38 Chinquapin Road has housed Theo's Taverna for 30 years. This Village of Pinehurst dining institution is renowned for its Mediterranean fare. The famed owner, Elias and the unique 3,729+- square ft of building design and 600 ft +- of out-door dining gardens, that thousands of locals and tourists have enjoyed for three decades, shall soon become a memory for all of us that consider Theo's Taverna ''our place''. The ever-ageless Elias is moving home to Sparta, Greece to be with his family, presenting a very rare opportunity for a capable buyer to purchase the property. Only serious and financially viable prospectives apply.

More Information MLS# 100298078

Building/Ext Features

Lot Acres: 0.12 Lot SqFt: 5227 Lot Dimensions: 71x104x44x87 Location Type: Mainland

Contract Info

Auction: No List Price/SqFt: 288.58 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2021-05-12 Listing Price: 1595000 Current Price: $1,550,000

Location Information

City Limits: Yes Marketing City: Pinehurst Secondary Subdivision: N/A Street #: 38 Street Name: Chinquapin Street Suffix: Road County: Moore State/Province: NC Zip Code: 28374 Subdivision: Not In Subdivision Geo Lat: 35.195046 Geo Lon: -79.469918

Remarks and Showing

Sign on Property: Yes Directions to Property: US-15 N/US-501 N At the traffic circle, take the 4th exit onto Midland Rd - 0.4 mi Continue straight to stay on Midland Rd - 0.6 mi Turn right onto Fields Rd - 157 ft Turn left onto Cherokee Rd - 0.3 mi Turn right onto Chinquapin Rd

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 679300 Deed Book: 4359 Deed Page: 120 Legal: LOT PART 611 SE CORNER Broker Owner: No PID: 00030476 Tax Identifier: 00030476 Plat Book: None Plat Page: None Total Real Estate Property Taxes: 6419.39 Special Assessments: None Tax Year: 2021 Zoning: VC HOA: No Cobra Zone: No Year Built: 1920

Sale/Lease Includes

Buildings: 1

BuildingExt Features

SqFt - Heated (Primary): 5527

Status Change Info

Under Contract Date: 2021-09-07 Sold Price: $1,550,000 Sold Date: 2021-12-10
Listing Office: Clift Commercial, LLC
IDX
Last Updated: December - 14 - 2021
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