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8232 Market Street, Wilmington, NC 28411

$4,400,000
Property Type: Comm Sale or Lease Square Footage: 7,922 Lot Size (sq. ft.): 62,291 Status: Active
Current Price: $4,400,000 List Date: 5/01/2026 Last Modified: 5/02/2026

Overview

Description

This beautifully renovated 7900 square foot restaurant facility offers great road front visibility and prime road frontage on Market Street in the robust Porters Neck Area. This restaurant is fully equipped and move in ready. This restaurant in its current layout offers a wide variety and range of restaurant concepts. This property was renovated in 2023 and has a new roof, HVAC and plumbing upgrades, new flooring, drive thru, Grease Trap, Kitchen Hood fire suppression system, and spacious restroom facilities. This property is zoned B-1 and has 61 parking spaces. Marquee sign included. This is an ideal restaurant location, however this prime location lends itself to a host of other options ideally suited for the B-1 Zoning District.

Listing Details MLS# 100570977

Contract Info

Delayed Marketing?
No
Marketing Start Date
2026-05-01
Sub-Type
Business
Garage
N/A
Listing Price
4400000
List Price/SqFt
555.42
Stipulation of Sale
Standard

Location Information

Street #
8232
Street Name
Market
Street Suffix
Street
County
New Hanover
State/Province
NC
Zip Code
28411
City Limits
No
Marketing City
Wilmington
Subdivision
Other
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Market Street Heading North to the Porters Neck area, Mema's Chick'n and Ribs is on the right just before the Harris Teeter
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
7922

Legal and Taxes

Tax Assessed Value
2721000
Deed Book
6709
Deed Page
1992
Legal
Pt Tr 3 Rusher Div
Broker Owner
No
PID
R03600-005-042-000
Tax Identifier
R03600-005-042-000
Plat Book
0000
Plat Page
0000
Total Real Estate Property Taxes
10298.99
Special Assessments
None
Tax Year
2025
Year Built
1999
Zoning
B-1
Cobra Zone
No

More Information

Miscellaneous

Current Use
Restaurant

Current Service Providers

Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Building/Ext Features

ud_i_07
150
# of Bays
0
# of Units
0
Fireplace Y/N
No
Lot Acres
1.43
Lot SqFt
62291
Lot Dimensions
150x536x150x467x126
SqFt - Total Available
7922
Location Type
Mainland

Business Type

Food Service
Yes

Basement

None
Yes

C & I Features

ADA Compliant
Yes
Delivery Door
Yes
Fire Supression
Yes
Fixtures/Furniture
Yes
Refrig Storage
Yes

Handicap Accessible

Accessible Entrance
Yes

Construction

Wood Frame
Yes

Exterior Finish

Brick Veneer
Yes

Terms

Cash
Yes

Foundation

Slab
Yes

Fuel Tank

Propane Above Ground
Yes

Security Features

Cameras Included
Yes

Fuel Tank Ownership

Owned
Yes

Parking Features

Parking Lot
Yes

Sale/Lease Includes

Equipment
Yes
Fixtures
Yes
Land
Yes

Road Type/Frontage

Highway
Yes
Public (City/Cty/St)
Yes

Road/Trans Access

Airport
11 - 15 Miles
Interstate
Less than 5 Miles
Port
11 - 15 Miles
Average Daily Traffic
43000

Cooling

Central Air
Yes
Heat Pump
Yes

Location

Corner
Yes

Heating

Forced Air
Yes
Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Source

Municipal Water
Yes

Sewer

Municipal Sewer
Yes

Property Features

Business Type: Food Service Basement: None Handicap Accessible: Accessible Entrance Construction: Wood Frame Exterior Finish: Brick Veneer Foundation: Slab Security Features: Cameras Included Fuel Tank: Propane Above Ground Fuel Tank Ownership: Owned Parking Features: Parking Lot Location: Corner Cooling: Central Air; Heat Pump Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash
IDX
Listing Office: Barfield & Associates Realty
Last Updated: May - 02 - 2026
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