Commercial Sale at 303 South Avenue, Oriental, NC 28571
Commercial Sale at 303 South Avenue, Oriental, NC 28571, photo 2 of 4
Commercial Sale at 303 South Avenue, Oriental, NC 28571, photo 3 of 4
Commercial Sale at 303 South Avenue, Oriental, NC 28571, photo 4 of 4
4 photos

$535,000

303 South Avenue, Oriental, NC 28571
Oriental, NC 28571
Listed by Ann Marie Wolf · Century 21 Sail/Loft Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2004

About this home

Waterfront Restaurant Building for Sale - Oriental, NC Exceptional opportunity to own one of Oriental's most recognizable waterfront commercial properties in the Sailing Capital of North Carolina. Ideally situated adjacent to the Oriental Marina & Inn, this iconic waterfront building is currently home to the popular Toucan Grill & Fresh Bar and enjoys outstanding visibility, breathtaking harbor views, and steady year-round traffic from both land and water. Positioned along Oriental's vibrant harbor, the property offers a rare combination of waterfront frontage, convenient public access, and proximity to local marinas, shops, lodging, and community events. The flexible floor plan includes indoor dining areas, a full commercial kitchen, bar, and a spacious covered waterfront patio that can be enclosed during cooler months, allowing for year-round use. The pet-friendly outdoor seating and relaxed coastal setting have made this location a favorite gathering place for locals, boaters, and visitors alike. Property Features: Prime waterfront commercial location with panoramic harbor views Standalone restaurant building with indoor dining, commercial kitchen, and bar Spacious covered waterfront patio designed for year-round dining Adjacent to the Oriental Marina & Inn and public harbor amenities Excellent visibility with easy access by both land and water Established destination in one of North Carolina's premier boating communities Business Opportunity Available Separately This listing is for the real estate only. The Toucan Grill & Fresh Bar restaurant business is also available for purchase under a separate offering. Ownership strongly prefers to sell the real estate and business together, creating an outstanding turnkey opportunity for a buyer seeking an established waterfront restaurant in one of the most desirable locations along North Carolina's Inner Banks. Whether you choose to continue the success of the current restaurant or create your own waterfront dining concept, this exceptional property offers an unparalleled location and investment opportunity in the heart of Oriental's historic harbor district

Property details

MLS
Hive MLS
MLS #
100586429
Property type
Commercial Sale
Subdivision
Not In Subdivision
Status
Active
Days on market
107
On market date
July 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Fred A Anderson Elementary
9.27 mi away · Grades 4-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
149
Student:teacher ratio
13.5:1
District
Pamlico County Schools
Middle
Pamlico County Middle
8.74 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
289
Student:teacher ratio
15.2:1
District
Pamlico County Schools
High
Pamlico County High
9.44 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
450
Student:teacher ratio
11.8:1
District
Pamlico County Schools

Walkability

Blended score for Oriental's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

44
Somewhat walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Oriental, from live MLS data.

On the market 107 days -- 149 fewer days than Oriental's current average of 256 days.
For reference, the median list price across 241 active listings in Oriental right now is $115,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,372/mo
$107,000 down
$428,000 loan
Principal & interest$2,776
Property tax (est.)$446
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.