Road Description: Public Paved
Showing Instructions: Call Office
Water: Public
Sewer: Public
Type: Commercial
Address: 105 Magnolia Rd
City: Pinehurst
State: NC
Zip: 28374
Area: PINEHURST
Class: COMMERCIAL/INDUSTRIAL
Price: $1,400,000
Year Built:
1899
Directions: CORNER OF MAGNOLIA AND CHINQUAPIN RD, HEART OF THE VILLAGE ACROSS FROM THE MAGNOLIA INN
Agent: Tammy O Lyne - (910) 603-5300
Total Sq. Ft.: 6000
Total # of Units;
2
# Parking Spaces:
14
Acres: 0.35
Lot Dimensions: 185X108X104X110
Remarks:
The owners' business (Lyne's Furniture Gallery) currently occupies the majority of the main building and the detached "Carriage house" (712 sf) is leased on a month to month basis for $1,250 per month-net lease. Current zoning permits a multitude of uses including residential use of the 2nd & 3rd floors. I have detailed information on historic significance including a detailed list of the house contents in 1906. The seller may wish to rent some space from the new owner if possible. *Building only for sale. BUSINESS IS NOT FOR SALE AT THIS TIME.
Own a piece of Pinehurst history. One of the most beautiful properties in the village & the only retail bldg. in the village w/ on site parking. 1st offering in over 30 years. The Mystic Cottage was the 1st home of the Leonard Tufts family & is rich in history & architecture. The home has been carefully restored & has received numerous updates over the years. Over 6,000 sf of rentable floorspace (includes the carriage house) & over 2,400 sf of covered porch space. Elevator. Business not for sale.