T&W Restaurant & Oyster Bar, located at 2383 Hwy 58 in Peletier, is more than just a restaurant, it is a cherished piece of local history. Established in 1971 by Earl Taylor and Harold Watson, the name ''T&W'' has been synonymous with good food, great conversation, and community gathering for… Read More generations. For decades, loyal patrons and newcomers alike have walked through its doors, making it a true staple of the area and a place where memories have been made year after year. The expansive building offers over 5,000 square feet of thoughtfully designed space, providing the perfect balance of charm and functionality. Inside, guests are welcomed by spacious dining areas featuring wood floors throughout and fireplaces, creating a warm, inviting atmosphere ideal for everything from casual meals to special occasions. The restaurant includes two full-service bars and has the capacity to seat up to 249 guests, currently arranged for approximately 150, allowing flexibility for future expansion or reconfiguration. Beyond the public dining spaces lies a fully stocked commercial kitchen, equipped with everything needed to continue the successful oyster bar operation. Whether preserving the long-standing tradition or reimagining the space for a fresh concept, the infrastructure is already in place to support a thriving restaurant business. With more than 57 parking spaces on almost 2 acres, guests have ample room to park, relax, and stay awhile, an invaluable feature for high-volume dining and special events. This is a rare opportunity to own an established restaurant with deep community roots, generous space, and endless potential for its next chapter. Read Less
Courtesy of John Newton, Better Homes and Gardens Real Estate Treasure 4
Listing Snapshot
Days Online
22
Last Updated
Property Type
Improved
Square Ft.
5,764
Lot Size
1.95 Acres
Year Built
1971
MLS Number
100545768
30 Days Snapshot Of 28584
$489k
+5%
(avg) sold price
13
-18%
homes sold
112
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Parking
57 total parkings, "Parking Lot", "Asphalt", "Off Street"
Property Access
Road frontage type: "City Street", "State Road", "Maintained"
Building
Built in 1971, Structure type: "Wood Frame", Toal building area: 5764
Cooling
"Central Air"
Floors
"LVT/LVP", "Wood"
Heating
"Electric", "Heat Pump"
Lot
1.95 acres, 84,811 sqft
Property
Zoning: Commercial
Roof
"Shingle"
Taxes
Year: 2025
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