303 South Avenue Oriental, NC $ 535,000
303 South Avenue
$ 535,000
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303 South Avenue

Oriental, NC, 28571
$ 535,000
Bedrooms-- Baths-- Sq 2,000
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Property for Rent in Oriental, NC

for $535,000. This 2,000 square foot property was built in 2004 on a lot size of 0.23.

Waterfront Restaurant & Iconic Building For Sale - Oriental, NC Rare opportunity to own a thriving restaurant business AND a prime piece of waterfront real estate in the sailing capital of North Carolina! Located adjacent to the popular Oriental Marina & Inn, this standalone building houses the well-known Toucan Grill & Fresh Bar, a community favorite for casual coastal dining, featuring tiki cocktails, and unbeatable harbor views. This property offers direct waterfront access and is situated alongside a bustling condotel, bringing a steady flow of year-round guests. With high visibility and foot traffic from both land and water, the location is truly second to none. The building itself is designed for flexible, all-season service. A spacious covered patio — enclosed with clear panels in winter — ensures year-round dining with beautiful harbor views. The outdoor area is pet-friendly, adding to its laid-back charm. Being on the harborside is a major draw, offering a fun, relaxed atmosphere for locals, travelers, and sailors passing through the Intracoastal Waterway. Property Highlights: • Premium waterfront lot with exceptional harbor views • Standalone restaurant building with indoor dining, full kitchen, and bar • Covered outdoor dining area, winterized for year-round use • Located next to the Oriental Marina & Inn and public harbor amenities • Strong reputation and loyal customer base built over years of success • High-visibility signage and easy access by land and sea • Bonus Opportunity - Turnkey sale — fully operational business available with access to the Iconic Tiki Bar area by the pool; a landmark gathering spot. Whether you're seeking to continue the success of Toucan Grill or bring your own vision to life, this offering has the potential to combine a high-performing restaurant, a prime piece of real estate, and a lifestyle investment all in one. Opportunities like this are exceedingly rare along North Carolina's Inner Banks. Contact us today

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Rental Active

Price

$ 535,000

Taxes

$ 3,192

Style

Improved

Lot Size

0.23

Year Built

2004

Town/City

Oriental

County/Region

Pamlico

MLS | Web ID

100505023

Features
General
Heating Electric Heat Pump
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow At Closing
Roof Metal
Zoning MU
Construction Materials Concrete
Year Built 2004
View Marina
Property Subtype Improved
Tax Year 2024
Current Use Commercial Restaurant
Taxes 3192.05
Location Freestanding
Parcel Number J082-421-1a
Business Type Commercial Food Service
Waterfront Features Bulkhead Marina Front Water Depth 4+
County Pamlico
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities Waterfront Community None
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From NC-55 / Broad St Turn onto Hodges St. Follow Hodges St. and veer Right onto Wall Street. Turn Right onto South Ave and park in parking lot on right hand side. Restaurant will be through condo
City Oriental
Lot Size Units Acres
Lot Size Square Feet 10019.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Lease Type NNN
Standard Status Active
Tax Assessed Value 356653
Legal Description TOUCAN GRILL CB 1-128-134
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Interior
Basement None
Flooring Carpet Concrete Tile
Water Heater Propane
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Access Only
Total Baths 0
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Exterior
Exterior Finish See Remarks
Parking Features Shared Driveway Private Parking Lot Gravel Unpaved
Lot Features Bulkhead Water Depth 4+
Water Source Public
Lot Size Area 0.23
Foundation Details Raised Slab
Spa N
Building Area Total 2000
Lot Dimensions Irregular
Lot Size Acres 0.23
Road Surface Type Paved
Frontage Type Marina Front
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 303
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* Excluded Features
List By
Ann Marie Wolf

Listing Agent

Century 21 Sail/Loft Realty

Broker

AnnMarie.Wolf@sailloftrealty.com

Email

Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2025$535,000 Listed Price

Map


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303 South Avenue, Oriental, NC, 28571 is a Property for Rent at $535,000 with 2,000 sqft and a lot size of 0.23. 303 South Avenue was built in 2004. The property's zip code is 28571 which is in Oriental, NC