8232 Market Street, Wilmington, NC 28411
New Listing
$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
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.
More Information MLS# 100570977
Location Information
City Limits: No
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 8232
Street Name: Market
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28411
Subdivision: Other
Geo Lat: 34.297444
Geo Lon: -77.791281
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
Contract Info
Delayed Marketing?: No
Sub-Type: Business
Garage: N/A
List Price/SqFt: 555.42
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-05-01
Listing Price: 4400000
Current Price: $4,400,000
Remarks and Showing
Sign on Property: No
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
Building Info
New Construction: No
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
Zoning: B-1
Cobra Zone: No
Year Built: 1999
Business Type
Food Service: 1
Miscellaneous
Current Use: Restaurant
Basement
None: 1
C & I Features
ADA Compliant: 1
Delivery Door: 1
Fire Supression: 1
Fixtures/Furniture: 1
Refrig Storage: 1
Handicap Accessible
Accessible Entrance: 1
Construction
Wood Frame: 1
Current Service Providers
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Brick Veneer: 1
Terms
Cash: 1
Foundation
Slab: 1
Fuel Tank
Propane Above Ground: 1
Security Features
Cameras Included: 1
Fuel Tank Ownership
Owned: 1
Parking Features
Parking Lot: 1
Sale/Lease Includes
Equipment: 1
Fixtures: 1
Land: 1
Road Type/Frontage
Highway: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: 11 - 15 Miles
Interstate: Less than 5 Miles
Port: 11 - 15 Miles
Average Daily Traffic: 43000
Cooling
Central Air: 1
Heat Pump: 1
Location
Corner: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 7922
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
Listing Office:
Barfield & Associates Realty
IDX
Last Updated: May - 02 - 2026
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