8232 Market Street
Wilmington, NC, 28411 $ 4,200,000
Bedrooms-- Baths-- Sq 7,922 Monthly Estimate*
$ 26,519
for $4,200,000. This 7,922 square foot building was built in 1999 on a lot size of 1.43.
Pinpoint Properties is proud to present 8232 Market Street, an exceptional opportunity to acquire a highly visible freestanding commercial property in the heart of Wilmington's rapidly growing Porters Neck corridor. Situated on approximately 1.43 acres with more than 150 feet of frontage on Market Street, this B-1 zoned property benefits from exposure to over 43,000 vehicles per day, excellent access to I-140, and close proximity to Walmart, Harris Teeter, Lowe's, and numerous national retailers. The approximately 7,922-square-foot building was extensively renovated in 2024, offering a significant advantage over new construction by providing quality improvements already in place. Municipal utilities, natural gas, ample parking, loading access, outdoor patio space, and existing drive-thru infrastructure create a versatile foundation for a wide variety of commercial uses. While currently operating as a restaurant, the property's greatest value is its flexibility. The existing layout and site configuration make it well suited for medical or dental offices, urgent care, fitness or wellness concepts, childcare, specialty retail, brewery or taproom, private event venue, entertainment uses, corporate headquarters, showroom space, professional services, or other owner-user and investment opportunities. Existing commercial kitchen infrastructure may also provide substantial value for food service operators looking to reduce startup costs and shorten their path to opening. Porters Neck continues to experience strong residential growth, increasing household incomes, and sustained commercial investment, making it one of the most desirable business corridors in coastal North Carolina. Its location captures year-round local traffic while serving the growing communities of Wilmington, Hampstead, and the surrounding coastal markets. Commercial properties offering this combination of visibility, frontage, infrastructure, and redevelopment potential are increasingly difficult to find. Whether you're expanding an established business, launching a flagship location, repositioning an investment, or securing a premier site for future growth, 8232 Market Street offers the location, flexibility, and long-term value to bring your vision to life.
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FeaturesGeneralHeating Heat Pump Electric Forced Air
Cooling Central Air Heat Pump
Utilities Propane Sewer Connected Water Connected
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 Commercial See Remarks Restaurant
Taxes 10298.99
Location Corner Gen Bus District
Parcel Number R03600-005-042-000
Business Type Food Service Restaurant
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
Association Amenities None
HOA Y
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions Head north on Wilmington to Porters Neck. Keep right to stay on Market St. Pass by Walmart shopping center to the left. Cypress Pond Way will be the next road to the left. The drive for 8232 Marke
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
Availability Date 2026-08-10
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 2721000
Legal Description Pt Tr 3 Rusher Dr
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ExteriorExterior Finish Brick Veneer
Parking Features Parking Lot Concrete
Lot Features Level Shopping Nearby
Water Source Public
Total Parking 61.0
Lot Size Area 1.43
Foundation Details Slab
Spa N
Building Area Total 7922.0
Lot Dimensions 150x536x150x467x126
Lot Size Acres 1.43
Waterfront Y/N N
Road Frontage Type City Street State Road 4+ Lanes Highway Maintained
Crops Included Y/N N
Horse Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Walk-In
Total Baths 0
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* Excluded FeaturesList ByPinpoint PropertiesListing Agent
hannah@pinpointnc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $26,519
- Monthly Property Taxes
- $858
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Wilmington, NC
Average List Price $1,294,797
Percent of Sale Price 69%
About Wilmington, NC 122,120 Population
35% Since 2002
$ 47,464 Median Income
36.47 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $4,200,000 | | Listed Price |