2383 Hwy 58 - Restaurant FOR SALE


Swansboro, NC 28584
$1,350,000 USD
919-649-0827
2383 Hwy 58, Swansboro, NC for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/78
null | Request Cap Rate

2383 Hwy 58
Swansboro, NC 28584


OVERVIEW

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 generations. Well-known local destination offering strong community presence, loyal customer base, and proven revenue history. Turn-key restaurant operation with significant owner-user upside potential. Financials demonstrate strong cash-flow opportunity for an owner-operator with a Cap Rate of about 7.8%. Ideal for restaurateurs, hospitality groups, or investors seeking a recognizable brand with growth potential. Rare chance to own an established seafood and oyster bar concept with real estate included in the sale.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,811 SF

ZONING

C

APN/PARCEL ID

5377.03.21.2451000

ASK ABOUT THIS PROPERTY

John NewtonBetter Homes and Gardens Real Estate TreasureMore Info
919-649-0827

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John NewtonBetter Homes and Gardens Real Estate TreasureMore Info
919-649-0827

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.