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Two-Story Waterfront Bar Restaurant
For Sale
$795,000

316 Hodges Street, Oriental, NC 28571

Two-story multipurpose building with porches, beverage counters, and harbor views in a MU-1 zoned parcel.

Property Size1,200 SF
Price / SF$662.50
Days on Market65

Property Features for 316 Hodges Street

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial
Zoning MUI

Taxes and HOA fees

Annual Taxes $588

Building Details

Building Size 1,200 SF
Year Built 2025
Listing Agency: Realty ONE Group East
Listed By: Kellie Kiser · License #102540
Source: Frankerealproperties
Added: Jun 20 Changed: Aug 23 Last Checked: Aug 22 at 4:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group East

Investment Insights

Based on property information with market context.

This two-story multipurpose building is designed for food-and-beverage service and event use, with open floor plans on each level. Each floor includes front and side porches, along with beverage counters on both floors, plus an ADA-compliant half bath on the first floor and a full bath on the second floor. The building features an overlook deck with views of Oriental Harbor and the Neuse River. Bar areas are custom crafted using local black walnut with red oak bar fronts.

The property is located on a MU-1 zoned parcel and is described as being positioned to serve tourists, the sailing community, and local residents, with prominent downtown Oriental and waterfront views.

The space is reported to be capable of hosting live music and entertainment events, and the bar/restaurant configuration can be converted to residential use. It is adjacent to a commercial corner lot at 402 Water St, where an on-site food trailer is currently occupied, creating a complementary food-and-beverage destination.

Key Highlights

  • 1,200 SF two‑story multipurpose building on 0.13 acres, zoned MU‑1
  • More than 400 SF of porches and decks, including an overlook deck with views of Oriental Harbor and the Neuse River
  • Open floor plans on both floors, each with beverage counters and bars crafted from local black walnut with red oak bar fronts

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Dental Office Law Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28571, NC

2,502
Population
1,889
Households
1.3
Avg Household Size
63
Median Age
42%
College-Educated
95%
High-School Grad
50.8 sq mi
ZIP Area
49
Density / Sq Mi
$67,961
Median Household Income
$33,750
Median Earnings
$1,106
Median Rent
$365,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Toucan Grill & Fresh Bar 101 Wall St, Oriental, NC 28571
  • The New Village Brewery & Taproom 702 Broad St, Oriental, NC 28571

Frequently Asked Questions

What type of property is this?
Bar & Pub - Two-story multipurpose building with porches, beverage counters, and harbor views in a MU-1 zoned parcel.
Where is this bar & pub located?
The property is located at 316 Hodges Street Oriental, NC.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1,200 SF two‑story multipurpose building on 0.13 acres, zoned MU‑1; More than 400 SF of porches and decks, including an overlook deck with views of Oriental Harbor and the Neuse River; Open floor plans on both floors, each with beverage counters and bars crafted from local black walnut with red oak bar fronts
More about this property
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