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2383 Hwy 58 5,000 SF Retail Building Swansboro, NC 28584 $1,840,941 CAD ($368.19 CAD/SF)
Executive Summary
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. Well-known local destination offering strong community presence, loyal customer base, and proven revenue history. Turn-key restaurant operation with significant owner-user upside potential. Financials demonstrate strong cash-flow opportunity for an owner-operator with a Cap Rate of about 7.8%. Ideal for restaurateurs, hospitality groups, or investors seeking a recognizable brand with growth potential. Rare chance to own an established seafood and oyster bar concept with real estate included in the sale.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Year Built
1971
Price
$1,840,941 CAD
Price Per SF
$368.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.95 AC
Zoning
C - Commercial
Parking
57 Spaces (11.4 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 5377.03.21.2451000 | Improvements Assessment | $625,353 CAD |
| Land Assessment | $300,210 CAD | Total Assessment | $925,562 CAD |
Property Taxes
Parcel Number
5377.03.21.2451000
Land Assessment
$300,210 CAD
Improvements Assessment
$625,353 CAD
Total Assessment
$925,562 CAD
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2383 Hwy 58
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