2383 Hwy 58, Swansboro, NC

$1,350,000

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1.95

Acres

About 2383 Hwy 58

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.

Features of 2383 Hwy 58

MLS® # 100545768
Price $1,350,000
Acres 1.95
Year Built 1971
Type Commercial Sale
Sub-Type Improved
Status Active

Community Information

Address 2383 Hwy 58
Subdivision Not In Subdivision
City Swansboro
County Carteret
State NC
Zip Code 28584

Amenities

Parking Spaces 57
Parking Parking Lot, Asphalt, Off Street
Is Waterfront No
Has Pool No

Interior

Heating Electric, Heat Pump
Cooling Central Air
Fireplace No

Exterior

Roof Shingle
Foundation Crawl Space

Additional Information

Date Listed December 17th, 2025
Days on Market 1
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBetter Homes and Gardens Real Estate Treasure 4

Listing Map

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