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38 Chinquapin Rd 4,387 SF 100% Leased Retail Building Pinehurst, NC 28374 $4,852,540 CAD ($1,106.12 CAD/SF)



EXECUTIVE SUMMARY
Commercial building in the heart of the Village of Pinehurst. Prime location, and easy walking distance to the Pinehurst Resort and The Carolina Hotel. Within 5 minutes to the Pinehurst/Taylortown commercial district and central to the Village foot traffic and tourism! Currently home to the well-known Seven27 Lounge, this beautifully renovated and remodeled building is ideal for a restaurant or hospitality concept. Recently brought fully up to code and updated throughout, the property is ready for immediate use. Spacious patio and a thoughtfully designed layout offer great flow for dining, bar, or event space. The Lounge is enhanced by 2 fireplaces and a balcony for additional seating. No Seven27 branding will convey. Real estate only - business is not being sold, furniture has been removed from the property. This is a rare opportunity to acquire a fully upfitted historic Village of Pinehurst property ready to bring your vision to life!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,387 SF
Building Class
C
Year Built
1929
Price
$4,852,540 CAD
Price Per SF
$1,106.12 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.85
Lot Size
0.12 AC
Zoning
R-10
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8552-12-96-6210 | Improvements Assessment | $1,375,678 CAD |
| Land Assessment | $346,161 CAD | Total Assessment | $1,721,840 CAD |
PROPERTY TAXES
Parcel Number
8552-12-96-6210
Land Assessment
$346,161 CAD
Improvements Assessment
$1,375,678 CAD
Total Assessment
$1,721,840 CAD
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38 Chinquapin Rd
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