2383 Hwy 58 Swansboro, NC $ 1,350,000
2383 Hwy 58
$ 1,350,000
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2383 Hwy 58

Swansboro, NC, 28584
$ 1,350,000
Bedrooms-- Baths-- Sq 5,764

Monthly Estimate*

$ 8,422

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Commercial Property for sale in Swansboro, NC

for $1,350,000. This 5,764 square foot building was built in 1971 on a lot size of 1.95.

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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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 2,238

Style

Improved

Lot Size

1.95

Year Built

1971

Town/City

Swansboro

County/Region

Carteret

MLS | Web ID

100545768

Features
General
Heating Electric Heat Pump
Cooling Central Air
Possession Close Of Escrow At Closing
Roof Shingle
Zoning Commercial
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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Interior
Flooring 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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Exterior
Parking 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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Internal Only
Street Number 1 2383
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* Excluded Features
List By
John Newton

Listing Agent

Better Homes And Gardens Real Estate Treasure 4

Broker

johnnewton@treasurerealty.com

Email

Affordability Calculator

$8,609
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$187
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$1,350,000 Listed Price

Map


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2383 Hwy 58, Swansboro, NC, 28584 is a Commercial Property for sale at $1,350,000 with 5,764 sqft and a lot size of 1.95. 2383 Hwy 58 was built in 1971. The property's zip code is 28584 which is in Swansboro, NC