2383 Hwy 58
Swansboro, NC, 28584 $ 1,299,000
Bedrooms-- Baths-- Sq 5,764 Monthly Estimate*
$ 7,998
for $1,299,000. This 5,764 square foot building was built in 1971 on a lot size of 1.95.
Commercial real estate and business opportunity strategically positioned along the Highway 58 corridor serving Swansboro, Cape Carteret, Pelletier, 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. Financial information available to qualified buyers. Shown by appointment only.
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FeaturesGeneralHeating Electric Heat Pump
Cooling Central Air
Possession Close Of Escrow At Closing
Roof Shingle
Zoning Commercial
Construction Materials Wood Frame
Year Built 1971
Property Subtype Improved
Tax Year 2025
Current Use Commercial
Taxes 2238.36
Parcel Number 537703212451000
Business Type Commercial Food Service
County Carteret
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions Take NC-24 through Swansboro and Cedar Point and turn left on Hwy 58. Follow to 2383 Hwy 58. Property will be located on left.
City Swansboro
Lot Size Units Acres
Lot Size Square Feet 84811.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour https://my.matterport.com/show/?m=TdonBBsnLUU&play=1&brand=0&mls=1&
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 428074
Legal Description Acreage Nc Hwy 58 Peletier
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InteriorFlooring LVT/LVP Wood
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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ExteriorParking Features Parking Lot Asphalt Off Street
Total Parking 57.0
Lot Size Area 1.95
Foundation Details Crawl Space
Spa N
Building Area Total 5764
Lot Dimensions Irregular
Lot Size Acres 1.95
Waterfront Y/N N
Road Frontage Type City Street State Road Maintained
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByBetter Homes And Gardens Real Estate Treasure 4Broker
johnnewton@treasurerealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,998
- Monthly Property Taxes
- $187
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Swansboro, NC
Average List Price $1,299,000
Percent of Sale Price 0%
About Swansboro, NC 13,190 Population
59% Since 2002
$ 58,039 Median Income
43.14 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/9/2026 | $1,299,000 | -3.78% | Price Down |
| 12/17/2025 | $1,350,000 | | Listed Price |