$ 625,000 $ 699,000 10.6%

518 Water ST

Oriental, NC 28571

  • 4,007 SqFt
  • 1.09 Lot Size
  • 1915 Year Built
Waterfront commercial gem with breathtaking views of the Neuse River and Oriental Harbor Place Marina! This property boasts an existing building and vacant lot in the heart of Oriental's Village. Currently home to Barcos Food Co. restaurant, Oriental Harbor Village Marina offices, and the marina's bath/laundry facility, this versatile property offers a range of possibilities. The building includes an office suite with high ceilings and hardwoods, used by Oriental Harbor Marina, and transient boater facilities for the marina. The cleared vacant lot, known as the 'Beer Garden,' is ready for development and/or hosting entertaining events with local musicians.

Recent renovations and improvements include a complete overhaul of the grounds, painting of the exterior of the building and porch, replacement of half of the deck boards, railing and steps on the porch, addition of new Hurricane Proof Windows, HVAC installation, addition of a new bar, replacement of floor tiles throughout the kitchen, repair and reconditioning of the hood system, installation of a sound barrier wall, outdoor lighting posts, new tankless water heaters, and a Culligan water purification system. These improvements not only enhance the property's aesthetics but also its functionality, making it an attractive investment opportunity.
Listed by Beth Frazer & Associates, Inc.

PROPERTY DETAIL

  • Key Details

    Sold Price $625,00010.6%

    Property Type Commercial

    Sub Type Improved

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 4, 007 sqft

    Price per Sqft $155

    Subdivision Oriental Harbor Village Marina

    MLS Listing ID 100443449

    Sold Date 06/16/25

    HOA Y/N No

    Year Built 1915

    Annual Tax Amount $4,463

    Lot Size 1.090 Acres

    Acres 1.09

    Lot Dimensions Irregular

    Property Sub-Type Improved

    Source Hive MLS

  • Location

    State NC

    County Pamlico

    Community Oriental Harbor Village Marina

    Zoning MU1

    Direction From Hwy 55/Broad Street - building at base of Oriental Bridge. Oriental Harbor Village/Marina

  • Building

    Lot Description Open Lot, Cul-De-Sac, Corner Lot

    Foundation Raised

    Sewer Municipal Sewer

    Water Municipal Water

    New Construction No

  • Interior

    Heating Electric, Zoned

    Cooling Wall/Window Unit(s), Zoned

    Flooring LVT/LVP, Carpet, Concrete, Vinyl, Wood

  • Exterior

    Parking Features Parking Lot, On Site, Paved

    Utilities Available Water Available

    Amenities Available Waterfront Community

    Waterfront Description Harbor,Marina Front,Water Access Comm

    View Marina, River, Water

    Roof Type Shingle

  • Others

    Tax ID J082-183

    Acceptable Financing SBA, Cash, Conventional, VA Loan

    Listing Terms SBA, Cash, Conventional, VA Loan

SIMILAR HOMES FOR SALE

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CONTACT

Beth Frazer Real Estate & Rentals
Beth Frazer Real Estate & Rentals

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