Commercial real estate and business opportunity strategically positioned along the Highway 58 corridor serving Swansboro, Cape Carteret, Pelletier, Emerald Isle, and North Carolina's Crystal 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… Read More 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. Financial information available to qualified buyers. Shown by appointment only. Read Less
Courtesy of John Newton, Better Homes and Gardens Real Estate Treasure 4
Listing Snapshot
Days Online
203
Last Updated
Property Type
Improved
Square Ft.
5,764
Lot Size
1.95 Acres
Year Built
1971
MLS Number
100545768
Additional Details
Property Access
Road frontage type: "City Street", "State Road", "Maintained"
Building
Built in 1971, Construction materials: "Wood Frame", 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
Parking
57 total parkings, "Parking Lot", "Asphalt", "Off Street"
Property
Zoning: Commercial
Roof
"Shingle"
Taxes
Year: 2025
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