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Improved Mixed-Use Land for Sale in Swansboro, North Carolina

2383 Highway 58, Swansboro, NC 28584

$1,299,000
2 acres
Active sale
$51k drop
Est $6,823/mo

Commercial real estate and business opportunity strategically positioned along the Highway 58 corridor serving Swansboro, Cape Carteret, Pelletier, Emerald Isle, and North Carolina's Crystal Coast. This offering includes both the established T&W Restaurant & Oyster Bar business and the underlying real estate, creating a unique opportunity for restaurant operators, hospitality groups, investors, and commercial buyers. Situated on approximately 1.95 acres, the property features a 5,764-square-foot restaurant facility with seating capacity for up to 249 guests, two full-service bars, a commercial kitchen, and ample parking. The existing infrastructure is already in place for continued restaurant operations, while the property's size, visibility, and location provide flexibility for future growth and expansion. Established in 1971, T&W; Restaurant & Oyster Bar has built decades of recognition throughout Carteret County and the Crystal Coast. The business serves a loyal local customer base while also benefiting from the significant seasonal traffic generated by visitors traveling to and from Emerald Isle and surrounding beach communities. Beyond the existing operation, the property offers long-term commercial value through its prominent Highway 58 location, substantial parking, nearly two acres of land, and multiple opportunities for future development, expansion, event-driven business models, catering operations, hospitality concepts, or other commercial uses subject to local approvals. Whether your goal is to continue operating a successful restaurant, expand an existing hospitality brand, invest in income-producing commercial real estate, or capitalize on a highly visible commercial corridor near the coast, this property presents a rare opportunity to acquire an established business, valuable real estate, and future growth potential in a single acquisition. Financial information available to qualified buyers. Shown by appointment only.

5,764
Sq feet
1971
Built

Location

Street address
2383 Highway 58
Zip code
28584
Elevation
31 feet
Coordinates
34.7362, -77.0835

Directions

Take NC-24 through Swansboro and Cedar Point and turn left on Hwy 58. Follow to 2383 Hwy 58. Property will be located on left.

Property details

Acreage
1.95 acres84,942 sq ft
Zoning
Commercial
MLS #
HMLS 100545768
Posted

Property taxes

2025
$2,238

Parcels

  • 537703212451000

Legal description

Details and features

Listing

Type
Residential

Exterior

Parking Spaces
57
Parking
Off Street, Parking Lot

Structure

Sewer
Septic Tank
Heating
Electric, Heat Pump
Cooling
Central Air
Materials
Wood Frame
Roof
Shingle

Interior

Flooring
LVT/Lvp, Wood

Listing history

DateEventPriceChangeSource
June 9, 2026Price drop$1,299,000$51,000 -3.8%HMLS
Dec 17, 2025New listing$1,350,000HMLS
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This 1.95-acre property is located at 2383 Highway 58 in Swansboro, NC 28584. The property is available for sale, priced at $1,299,000. It has a 5,764 square foot structure built in 1971.

Listed by Better Homes and Gardens Real Estate Treasure 4, (910) 327-4444

Checked 2 hours agoUpdated

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