$535,000
( $267.50Per Sq Foot )
 $2,872 est/mo Sourced by Back At You

303 South Avenue,Oriental, NC 28571

Oriental, NC 28571

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Description

Waterfront Restaurant Building for Sale - Oriental, NC Exceptional opportunity to own one of Oriental's most recognizable waterfront commercial properties in the Sailing Capital of North Carolina. Ideally situated adjacent to the Oriental Marina & Inn, this iconic waterfront building is currently home to the popular Toucan Grill & Fresh Bar and enjoys outstanding visibility, breathtaking harbor views, and steady year-round traffic from both land and water. Positioned along Oriental's vibrant harbor, the property offers a rare combination of waterfront frontage, convenient public access, and proximity to local marinas, shops, lodging, and community events. The flexible floor plan includes indoor dining areas, a full commercial kitchen, bar, and a spacious covered waterfront patio that can be enclosed during cooler months, allowing for year-round use. The pet-friendly outdoor seating and relaxed coastal setting have made this location a favorite gathering place for locals, boaters, and visitors alike. Property Features: Prime waterfront commercial location with panoramic harbor views Standalone restaurant building with indoor dining, commercial kitchen, and bar Spacious covered waterfront patio designed for year-round dining Adjacent to the Oriental Marina & Inn and public harbor amenities Excellent visibility with easy access by both land and water Established destination in one of North Carolina's premier boating communities Business Opportunity Available Separately This listing is for the real estate only. The Toucan Grill & Fresh Bar restaurant business is also available for purchase under a separate offering. Ownership strongly prefers to sell the real estate and business together, creating an outstanding turnkey opportunity for a buyer seeking an established waterfront restaurant in one of the most desirable locations along North Carolina's Inner Banks. Whether you choose to continue the success of the current restaurant or create your own waterfront dining concept, this exceptional property offers an unparalleled location and investment opportunity in the heart of Oriental's historic harbor district

Details

MLS #100586429
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site110
Listing Provided ByCentury 21 Sail/Loft Realty | Ann Marie Wolf

Features

SQ Feet2,000
ZoningMU
Acreage0.23
Water FrontBulkhead, Marina Front, Water Dept
Property ViewMarina

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air

Exterior

RoofMetal
Foundation DetailsRaised, Slab
Lot FeaturesBulkhead, Water Depth 4+
Waterfront FeaturesBulkhead, Marina Front, Water Depth 4+
ViewMarina
Construction MaterialsConcrete

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesShared Driveway, Private, Parking Lot, Gravel, Unpaved

Utilities

UtilitiesWater Available
Electric3 Phase, 440 Volts

Taxes

Tax Assessed Value356653
Tax Book NumberCB 1
Tax Legal DescriptionTOUCAN GRILL CB 1-128-134
Tax Year2025

Area Information

StateNC
CountyPamlico
CityOriental
Zip Code28571
Listing VS Median (in 28571)
Price:
$535,000
low | high
Med:
$516,450
53.467289719626% of Average
sqft:
2,000
low | high
Med:
1,495
75.25% of Average
$ / sqft:
$268
low | high
Med:
$347
20.280452400875% of Average
On site:
110
low | high
Med:
306.5
35.889070146819% of Average
Sourced by Back At You

Market Activity 28571

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Learn More About This Property

StateNC
CountyPamlico
CityOriental
Zip Code28571
Listing VS Median (in 28571)
Price:
$535,000
low | high
Med:
$516,450
53.467289719626% of Average
sqft:
2,000
low | high
Med:
1,495
75.25% of Average
$ / sqft:
$268
low | high
Med:
$347
20.280452400875% of Average
On site:
110
low | high
Med:
306.5
35.889070146819% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $401K - $668K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
619 First Avenue Property Photo 1
$570,000
619 First Avenue
Oriental, NC 28571
Listing Updated: September 29, 2026 at 10:17:56 AM PDT