No photo available
$1,350,000
Property Description
Imagine owning the place everyone talks about. The restaurant where families celebrate milestones, tourists become repeat customers, and locals feel at home the moment they walk through the door. T&W Oyster Bar & Restaurant offers a unique opportunity to acquire both a successful operating restaurant and the underlying real estate in one complete package. With established revenue history, recognizable branding, and strong owner-operator income potential, this turn-key business is positioned for continued growth while already delivering the atmosphere and authenticity today's diners crave. Opportunities like this are increasingly rare -- especially businesses that combine income, real estate ownership, community recognition, and emotional connection all under one roof. Take over an operation with history. Bring your own vision. Create the next chapter.
Full Property Details
Full Property Details for 2383 Hwy 58
General
- Price: $1,350,000
- Taxes: $2,238 (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100545768
- Updated: 5/13/2026
- Added to Site: 150 day(s) ago
Business
- Business Type: Commercial, Food Service
Interior
- Flooring: LVT/LVP, Wood
Parking
- Parking Features: Parking Lot, Asphalt, Off Street
Location
- County: Carteret
- Subdivision: Not In Subdivision
- Driving 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.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Septic Tank
Structural Information
- Structure Type: Wood Frame
- Construction: Wood Frame
- Roof: Shingle
- Square Feet: 5,764
- Current Bldg. Use: Commercial
- Year Built: 1971
Lot Features
- Lot Size (Acres): 1.95
- Lot Size (Sq. Ft.): 84,811
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Maintained
- Zoning: Commercial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $234.21
- For Sale/Rent/Lease: Sale
- Assessment Amount: $428,074
- Tax Amount: $2,238.36
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Acreage Nc Hwy 58 Peletier
- Property ID: 537703212451000
Listed by Better Homes and Gardens Real Estate Treasure 4, John Newton
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Schools
Schools serving 2383 Hwy 58
School District:Carteret County Schools
| Name | Grades | Distance |
|---|---|---|
White Oak Elementary, Cape Carteret, NC 555 West B McLean Drive, Cape Carteret, NC 28584 | PK-5 | 3.2 mi |
Broad Creek Middle School 2382 North Carolina 24, Newport, NC 28570 | 6-8 | 9.8 mi |
Croatan High School 1 Cougar Lane, Newport, NC 28570 | 9-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2383 Hwy 58
Date
Details
Price
Change
Source
12/17/2025
Listed
$1,350,000
170%
MLS
11/12/2015
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2383 Hwy 58
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,440
9%
$678,734
59%
2024
$2,238
-50%
$428,074
—
2022
$4,462
100%
$428,074
—
2021
$2,227
—
$428,074
—
2022
$2,227
—
$428,074
—
2020
$2,235
-2%
$428,074
-6%
2018
$2,270
9%
$454,360
—
2017
$2,088
9%
$454,360
—
2016
$1,907
-16%
$454,360
—
2019
$2,270
22%
$454,360
—
2015
$1,861
57%
$454,360
44%
2014
$1,183
3%
$315,595
—
2013
$1,151
—
$315,595
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2383 Hwy 58
2383 Hwy 58, Swansboro, NC 28584 (MLS# 100545768) is a Commercial Service property. 2383 Hwy 58 is currently listed for $1,350,000 and was received on December 17, 2025. Want to learn more about 2383 Hwy 58? Do you have questions about finding other Commercial Service real estate for sale in Swansboro? You can browse all Swansboro real estate or contact a Coldwell Banker agent to request more information.