303 South AVE Oriental, NC 28571
UPDATED:
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
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
