Date
Details
Price
Change
Source
7/03/2026
Listed
$535,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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
Full Property Details
Full Property Details for 303 South Ave
General
- Price: $535,000
- Taxes: $3,192 (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100586429
- Updated: 7/3/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Commercial, Food Service
Rental Information
- Lease Info: NNN
Interior
- Flooring: Carpet, Concrete, Tile
Additional Information
- Shared Amenities: Waterfront Community, None
Parking
- Parking Features: Shared Driveway, Private, Parking Lot, Gravel, Unpaved
Location
- County: Pamlico
- Subdivision: Not In Subdivision
- Driving 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 condotel courtyard.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, City of Oriental
- Water: Public
- Utility Description: Water Available
Structural Information
- Construction: Concrete
- Basement Desc.: None
- Roof: Metal
- Square Feet: 2,000
- Current Bldg. Use: Commercial, Restaurant
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Lot Features: Bulkhead, Water Depth 4+
- Zoning: MU
Water Features
- Water Front Desc.: Bulkhead, Marina Front, Water Depth 4+
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $267.5
- For Sale/Rent/Lease: Sale
- Assessment Amount: $356,653
- Tax Amount: $3,192.05
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: TOUCAN GRILL CB 1-128-134
- Property ID: J082-421-1a
- Block: 128
Listed by Century 21 Sail/Loft Realty, Ann Marie Wolf and Century 21 Sail/Loft Realty, Suzanne Gwaltney
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 303 South Ave —
Ann Marie Wolf
Century 21 Sail/Loft Realty
Suzanne Gwaltney
Century 21 Sail/Loft Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 303 South Ave
School District:Pamlico County Schools
| Name | Grades | Distance |
|---|---|---|
Fred A Anderson Elementary School 515 Anderson Drive, Bayboro, NC 28515 | 4-5 | 9.3 mi |
Pamlico County Primary School 323 Neals Creek Road, Bayboro, NC 28515 | PK-3 | 9.3 mi |
Pamlico County Middle School 15526 North Carolina 55, Bayboro, NC 28515 | 6-8 | 8.8 mi |
Pamlico County High School 601 Main Street, Bayboro, NC 28515 | 9-12 | 9.4 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 303 South Ave
Tax History
Tax History for 303 South Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,192
2%
$356,653
—
2023
$3,121
—
$356,653
—
2022
$3,121
—
$356,653
—
2021
$3,121
—
$356,653
—
2020
$3,121
-27%
$356,653
-27%
2019
$4,282
—
$489,387
100%
2019
$4,282
—
100%
2018
$4,282
—
100%
2017
$4,282
—
—
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 303 South Ave
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303 South Avenue, Oriental, NC 28571 (MLS# 100586429) is a Commercial Service property. 303 South Avenue is currently listed for $535,000 and was received on July 03, 2026. Want to learn more about 303 South Avenue? Do you have questions about finding other Commercial Service real estate for sale in Oriental? You can browse all Oriental real estate or contact a Coldwell Banker agent to request more information.