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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

Overview

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.

Listing Details MLS# 100298078

Contract Info

Marketing Start Date
2021-05-12
Auction
No
Listing Price
1595000
List Price/SqFt
288.58
Stipulation of Sale
Standard

Location Information

Street #
38
Street Name
Chinquapin
Street Suffix
Road
County
Moore
State/Province
NC
Zip Code
28374
City Limits
Yes
Marketing City
Pinehurst
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

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
Sign on Property
Yes

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
5527

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
Year Built
1920
Zoning
VC
HOA
No
Cobra Zone
No

More Information

Status Change Info

Under Contract Date
2021-09-07
Sold Date
2021-12-10

Building/Ext Features

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

Sale/Lease Includes

Buildings
Yes
Listing Office: Clift Commercial, LLC
IDX
Last Updated: December - 14 - 2021
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