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303 South Avenue

Oriental, NC 28571
  • $535,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: 100505023
UPDATED: 63 min ago
$535,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $268
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Description

Waterfront Restaurant & Iconic Building For Sale - Oriental, NCRare 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 viewsStandalone restaurant building with indoor dining, full kitchen, and barCovered outdoor dining area, winterized for year-round useLocated next to the Oriental Marina & Inn and public harbor amenitiesStrong reputation and loyal customer base built over years of successHigh-visibility signage and easy access by land and seaBonus 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

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Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-07-17T13:59:51.64.
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303 South Avenue Oriental, NC 28571

  • Price: $535,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 63 min ago
  • ID#: 100505023
0
Beds
0
Baths
0
½ Baths
0.23
Acres
2,000
SQFT
$268
$/SQFT
2004
Built
Neighborhood:
Not In Subdivision
County:
Pamlico
Area:
Oriental
Property Description
Waterfront Restaurant & Iconic Building For Sale - Oriental, NCRare 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 viewsStandalone restaurant building with indoor dining, full kitchen, and barCovered outdoor dining area, winterized for year-round useLocated next to the Oriental Marina & Inn and public harbor amenitiesStrong reputation and loyal customer base built over years of successHigh-visibility signage and easy access by land and seaBonus 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
Exterior Features

Construction Concrete Exterior Finish See Remarks Foundation RaisedSlab Location Freestanding Location Type Mainland Lot Dimensions Irregular Lot Water Features BulkheadWater Depth 4+Waterfront Comm Parking Driveway GravelUnpavedSharedPrivateParking Lot Road Type Frontage PavedPublic (City/Cty/St) Roof Metal

Interior Features

Attic Access Only Basement None Cooling System Central Flooring CarpetTileConcrete Heating System Heat Pump Sq Ft Total Available 2000.00 Water Heater Propane

Property Features

City Limits Yes Cobra Zone No Commercial Features 440 Electric ServiceReception AreaUnderground TanksSee RemarksElectric 3 PhaseFire SupressionFire AlarmDelivery DoorADA Compliant Commercial Sub Type CommercialFood Service Current Use Restaurant Current Use1 Commercial Electric Provider Duke Energy Frontage Type Marina Front Fuel Tank GasPropane Buried Fuel Tank Ownership Owned Hoa Amenities No Amenities Hoa YN No Lease Types NNN New Construction No Possession At Closing Property Taxes 3192.05 Sale Lease Includes BuildingsSee RemarksLand Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider City of Oriental Stipulation Of Sale None Tax Year 2024 Terms CashConventional View Type Marina View Water Provider City of Oriental Water Sewer Municipal SewerMunicipal Water Zoning MU



Mid Carolina MLS logo Listing information © 2025 NCRMLS
Listing courtesy of Ann Wolf of Century 21 Sail/Loft Realty: .


Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-07-17T13:59:51.64.
 
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