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303 South Avenue

$535,000

303 South Avenue, Oriental, NC 28571

Active
Last Updated: 05/12/2025

2,000 sqft

Building Size

0.23 acres

Lot Area

Details:
Building Size:    2,000 sqft
Lot Area:    0.23 acres
Year Built:    2004
MlsNumber:    100505023
Highlights:
  • Age: 21-30 Years Old
  • Cooling: Central A/C
  • Heating Fuel Type: Electric
  • Heating Type: Heat Pump
  • Location: Waterfront
  • Lot Size: Under 1/2 Acre
  • Road Type: City / Town Street
  • Roof: Metal Roof
  • Sewer: City
  • Views: Water
  • Water: Municipal Water
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

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