5,764 SqFt
5,764 SqFt
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 5,764 sqft
Price per Sqft $234
Subdivision Not In Subdivision
MLS Listing ID 100545768
Style Wood Frame
Year Built 1971
Lot Size 1.947 Acres
Acres 1.95
Lot Dimensions Irregular
Property Sub-Type Improved
Source Hive MLS
Property Description
Coast. This offering includes both the established T&W; Restaurant & Oyster Bar business and the underlying real estate, creating a unique opportunity for restaurant operators, hospitality groups,
investors, and commercial buyers.
Situated on approximately 1.95 acres, the property features a 5,764-square-foot restaurant facility with seating capacity for up to 249 guests, two full-service bars, a commercial kitchen, and ample parking. The existing infrastructure is already in place for continued restaurant operations, while the property's size, visibility, and location provide flexibility for future growth and expansion. Established in 1971, T&W; Restaurant & Oyster Bar has built decades of recognition throughout
Carteret County and the Crystal Coast. The business serves a loyal local customer base while also benefiting from the significant seasonal traffic generated by visitors traveling to and from Emerald
Isle and surrounding beach communities.
Beyond the existing operation, the property offers long-term commercial value through its prominent Highway 58 location, substantial parking, nearly two acres of land, and multiple opportunities for future development, expansion, event-driven business models, catering operations, hospitality concepts, or other commercial uses subject to local approvals. Whether your goal is to continue operating a successful restaurant, expand an existing hospitality
brand, invest in income-producing commercial real estate, or capitalize on a highly visible commercial corridor near the coast, this property presents a rare opportunity to acquire an established business, valuable real estate, and future growth potential in a single acquisition.
Location
State NC
County Carteret
Community Not In Subdivision
Zoning Commercial
Direction Take NC-24 through Swansboro and Cedar Point and turn left on Hwy 58. Follow to 2383 Hwy 58. Property will be located on left.
Location Details Mainland
Interior
Heating Electric, Heat Pump
Cooling Central Air
Flooring LVT/LVP, Wood
Exterior
Parking Features Parking Lot, Asphalt, Off Street
Roof Type Shingle
Garage No
Building
Foundation Crawl Space
New Construction No
Others
Tax ID 537703212451000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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Nearby Locations
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