303 South AVE new

Oriental,NC 28571

$ 535000

- Bed

0 Bath

2000 SqFt


Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $267

Subdivision Not In Subdivision

MLS Listing ID 100505023

HOA Y/N No

Originating Board Hive MLS

Year Built 2004

Annual Tax Amount $3,192

Lot Size 10,019 Sqft

Acres 0.23

Lot Dimensions Irregular

Property Sub-Type Improved

Property Description

Waterfront Restaurant & Iconic Building For Sale - Oriental, NC
Rare opportunity to own a thriving restaurant business AND a prime piece of waterfront real estate in the sailing capital of North Carolina! Located adjacent to the popular Oriental Marina & Inn, this standalone building houses the well-known Toucan Grill & Fresh Bar, a community favorite for casual coastal dining, featuring tiki cocktails, and unbeatable harbor views.
This property offers direct waterfront access and is situated alongside a bustling condotel, bringing a steady flow of year-round guests. With high visibility and foot traffic from both land and water, the location is truly second to none.
The building itself is designed for flexible, all-season service. A spacious covered patio — enclosed with clear panels in winter — ensures year-round dining with beautiful harbor views. The outdoor area is pet-friendly, adding to its laid-back charm. Being on the harborside is a major draw, offering a fun, relaxed atmosphere for locals, travelers, and sailors passing through the Intracoastal Waterway.
Property Highlights:
• Premium waterfront lot with exceptional harbor views
• Standalone restaurant building with indoor dining, full kitchen, and bar
• Covered outdoor dining area, winterized for year-round use
• Located next to the Oriental Marina & Inn and public harbor amenities
• Strong reputation and loyal customer base built over years of success
• High-visibility signage and easy access by land and sea
• Bonus Opportunity - Turnkey sale — fully operational business available with access to the Iconic Tiki Bar area by the pool; a landmark gathering spot.
Whether you're seeking to continue the success of Toucan Grill or bring your own vision to life, this offering has the potential to combine a high-performing restaurant, a prime piece of real estate, and a lifestyle investment all in one. Opportunities like this are exceedingly rare along North Carolina's Inner Banks.
Contact us today

Location

State NC

County Pamlico

Community Not In Subdivision

Zoning MU

Direction 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.

Rooms

Basement None

Interior

Heating Electric,Heat Pump

Cooling Central Air

Flooring Carpet,Concrete,Tile

Exterior

Parking Features Private,Parking Lot,Gravel,Shared Driveway,Unpaved

Utilities Available Natural Gas Available

Amenities Available No Amenities

Waterfront Description Bulkhead,Marina Front,Water Depth 4+,Waterfront Comm

View Marina

Roof Type Metal

Building

Foundation Raised,Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID J082-421-1a

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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