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518 S WATER ST Oriental NC 28571-1107

[Locked] • APN 6487829156000

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Details
Property Type Retail
Sub Type Bar, Restaurant
Building SqFt 3,354
Lot SqFt 47,637
Acreage ******
Number of Units 3
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MU1
Year Built 1915
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Bar, Restaurant
Marketing Description

518 Water Street is located on the beautiful Oriental village waterfront, facing the Neuse River, Windmill Point, and Oriental Harbor Village Marina. The property houses Barcos Food Co. restaurant, Oriental Harbor Village Marina offices, and the bath/laundry facility for the marina. The property also features a large outdoor ''beer garden'', which is perfect for this location. The restaurant is one of the top choices for locals and tourists with its outdoor deck and inside dining/bar area overlooking the marina and Neuse River/Pamlico Sound. The building was rehabbed in 2021 which resulted in a contemporary, casual and easy going ambiance.

Also available are the restaurant fixtures and assets and a 70’ deep-water boat slip. Please inquire for details.

Rental and restaurant financials are available after completion of a confidentiality agreement.

Investment Highlights
  • 100% occupied

  • Excellent location for relocation or expansion of an existing restaurant/bar/brewery - restaurant assets are available; please inquire for details

  • Great water views

  • Recently renovated (2021)

  • Outside seating on deck and lawn area

  • Ample parking - 39 spaces

  • Diversified income and development potential

  • Space for additional development. Zoned MU1 allows for broad development potential

  • Available 70’ deep-water boat slip would allow for a dock and dine experience

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
RB
Ross Beebe PRO
•••.•••.9818
ross@•••••.com
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