8232 Market Street Wilmington, NC ^$ 4,400,000

8232 Market Street

^$ 4,400,000

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Recently Listed

8232 Market Street

Wilmington, NC, 28411

^$ 4,400,000

Bedrooms-- Baths-- Sq 7,922

Monthly Estimate*

^$ 27,092

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Commercial Property for sale in Wilmington, NC

for $4,400,000. This 7,922 square foot building was built in 1999 on a lot size of 1.43.

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.

Commercial Active

Price

^$ 4,400,000

Property Type

Commercial

Taxes

^$ 10,298

Style

Business

Lot Size

1.43

Year Built

1999

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100570977

Features

General

Heating Heat Pump Electric Forced Air

Cooling Central Air Heat Pump

Possession Close Of Escrow At Closing

Zoning B-1

Construction Materials Brick Veneer Wood Frame

Year Built 1999

Property Subtype Business

Tax Year 2025

Current Use Restaurant

Taxes 10298.99

Location Corner

Parcel Number R03600-005-042-000

Business Type Food Service

County New Hanover

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) N

HOA N

Attached Garage N

Subdivision Name Other

Garage Y/N N

Status Active

Directions Market Street Heading North to the Porters Neck area Mema's Chick'n and Ribs is on the right just before the Harris Teeter

City Wilmington

Number Of Units Total 0

Lot Size Units Acres

Lot Size Square Feet 62291.0

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Considered Y/N N

Structure Type Wood Frame

Standard Status Active

Tax Assessed Value 2721000

Legal Description Pt Tr 3 Rusher Div

Interior

Basement None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Total Baths 0

Exterior

Exterior Finish Brick Veneer

Parking Features Parking Lot

Water Source Public

Lot Size Area 1.43

Foundation Details Slab

Spa N

Building Area Total 7922

Lot Dimensions 150x536x150x467x126

Lot Size Acres 1.43

Waterfront Y/N N

Road Frontage Type City Street State Road Highway

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 8232

* Excluded Features

List By

Jonathan Barfield

Listing Agent

Barfield & Associates Realty

Broker

jbarfield@ec.rr.com

Affordability Calculator

$27,950

Per Month

Monthly Principal & Interest: $27,092
Monthly Property Taxes: $858
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wilmington, NC

Average List Price ^$1,448,933

Percent of Sale Price 67%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2026	$4,400,000		Listed Price

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8232 Market Street, Wilmington, NC, 28411 is a Commercial Property for sale at $4,400,000 with 7,922 sqft and a lot size of 1.43. 8232 Market Street was built in 1999. The property's zip code is 28411 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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8232 Market Street

Commercial Property for sale in Wilmington, NC

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