518 Water Street

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.