8232 Market ST, Wilmington, NC 28411
8232 Market ST, Wilmington, NC 28411
8232 Market ST, Wilmington, NC 28411
8232 Market ST, Wilmington, NC 28411
8232 Market ST, Wilmington, NC 28411
8232 Market ST, Wilmington, NC 28411
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$ 4,200,000
Est. payment | /mo

7,922 SqFt


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$ 4,200,000
Est. payment | /mo
Save

7,922 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 7,922 sqft

Price per Sqft $530

Subdivision Not In Subdivision

MLS Listing ID 100595151

Style Wood Frame

HOA Y/N Yes

Year Built 1999

Lot Size 1.430 Acres

Acres 1.43

Lot Dimensions 150x536x150x467x126

Property Sub-Type Business

Source Hive MLS

Property 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 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

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning B-1

Direction 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.

Location Details Mainland

Interior

Heating Heat Pump, Electric, Forced Air

Cooling Central Air, Heat Pump

Exterior

Parking Features Parking Lot, Concrete

Utilities Available Propane, Sewer Connected, Water Connected

Amenities Available None

Garage No

Building

Lot Description Level, Shopping Nearby

Foundation Slab

Water Public

New Construction No

Others

Tax ID R03600-005-042-000

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by REAL Broker LLC

NEARBY SCHOOLS & PROPERTIES

Mark Pearson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 573-9198

mark@obxlivingteam.com

5960 Fairview Rd Ste. 400, Charlotte, NC 28210, United States

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8232 Market ST