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2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
2383 Hwy 58
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2383 Hwy 58
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2383 Hwy 58
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2383 Hwy 58
VIEW PHOTOS
$1,350,000

2383 Hwy 58

5,764 Sq.Ft. 1.95 Acres

Description

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. 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.

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Location

2383 Hwy 58, Swansboro, NC 28584

Status

For Sale
JOHN NEWTON

JOHN NEWTON

TITLE

Broker Associate, CFSP

PHONE

919-649-0827

Property Amenities

Interior
Flooring Wood
Area & Lot
Total area 5,764 Sq.Ft.
Lot Area 1.95 Acres
Living area 5,764 Sq.Ft.
MLS® ID 100545768
Year Built 1971
Type Commercial
Status For Sale
Exterior
Air conditioning Central Air
Heat type Electric, Heat Pump
Sewer Septic Tank
Parking Parking Lot, Asphalt, Off Street
Roof Shingle
Finance
Sales Price $1,350,000
Real Estate Tax $2,238 yearly

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Thank you for your interest in 2383 Hwy 58, Swansboro, NC 28584. We are reviewing your request and will be in touch shortly!

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how can we help?

The Better Homes and Gardens Real Estate Treasure team is a group of trusted local experts who know the area intimately and who help their clients find just the right place for a second home, investment property, or year round residence. Using our vast knowledge of the rules and regulations of living along the coast, we work diligently to educate our buyers and sellers to ensure they have the smoothest transaction possible. Other services include commercial real estate and long term rental property management. Contact us today!

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