8232 Market Street, Wilmington, NC 28411 (MLS# 100595151)

8232 Market Street, Wilmington, NC 28411

$4,200,000

Property Type: Comm Sale or Lease Square Footage: 7,922 Lot Size (sq. ft.): 62,291 Status: Active

Current Price: $4,200,000 List Date: 10/13/2026 Last Modified: 10/13/2026

Overview

Description

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 layou ... (Read more) 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.

Listing Details MLS# 100595151

Contract Info

Available Date: 2026-08-10
Delayed Marketing?: No
Marketing Start Date: 2026-08-10
Sub-Type: Business
Garage: N/A
Sale/Lease: Sale
Listing Price: 4200000
List Price/SqFt: 530.17
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: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: 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 Market St will be on your right. If you reach the turn into Harris Teeter, you have passed it.
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 Dr
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 Known
Tax Year: 2025
Year Built: 1999
Zoning: B-1
Cobra Zone: No

More Information

Miscellaneous

Current Use: Restaurant

Current Service Providers

Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority

Property Features

Business Type: Food Service; Restaurant HOA and Neigh Amenities: No Amenities Attic: Walk-In Handicap Accessible: Accessible Entrance Construction: Wood Frame Exterior Finish: Brick Veneer Structure Type: See Remarks Foundation: Slab Security Features: Cameras Included Fuel Tank: Propane Above Ground Fuel Tank Ownership: Owned Parking Features: Concrete; Parking Lot Lot Description: Level; Shopping Nearby Current Use: Commercial; See Remarks Location: Corner; Gen Bus District Cooling: Central Air; Heat Pump Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Utilities: Propane; Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash

IDX

Listing Office: REAL Broker LLC

Last Updated: October - 13 - 2026

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