2383 Hwy 58 Swansboro, NC 28584
Listing Courtesy of: MLS LogoHive MLS / Century 21 Champion Real Estate / John Newton

  2383 Hwy 58 Swansboro, NC 28584

Active (27 Days)
$1,350,000 (USD)

Description

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.

MLS #:
100545768
Lot Size
1.95 acres
Type
Commerical
Year Built
1971
County
Carteret County

Listed By

John Newton, Century 21 Champion Real Estate
Source
Hive MLS
Last checked Jan 13 2026 at 2:57 AM GMT+0000
Bathroom Details
Subdivision
  • Not In Subdivision
Property Features
  • Foundation: Crawl Space
Heating and Cooling
  • Heat Pump
  • Electric
  • Central Air
Flooring
  • Wood
  • Lvt/Lvp
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Septic Tank
Parking
  • Off Street
  • Parking Lot
  • Asphalt
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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