

Listed by Better Homes and Gardens Real Estate Treasure
$1,350,000
2383 Hwy 58
Details
Property Type Special Purpose
Sub Type Other
Square Footage 5,764
Lot Size (SqFt) 84,942
Special Purpose | 5,764 SqFt
Marketing description
Commercial real estate and business opportunity strategically positioned along the Highway 58 corridor serving Swansboro, Cape Carteret, Peletier, 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 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.
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Listed by Better Homes and Gardens Real Estate Treasure
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