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: 10/29/2026

Overview

Description

1.43 Acres near area beaches. Nearly 8,000 Sq. Ft. 150+ Feet of Road Frontage. 43,000+ Vehicles Daily. One Incredible Opportunity. Welcome to 8232 Market Street, where location, exposure, and opportunity come together in one of Wilmington's most desirable commercial corridors. Situated in the thriving Porters Neck area, this exceptional property offers approximately 7,950 square feet of extensively renovated commercial space on 1.43 acres, with outstanding visibility along heavily traveled Market Street. Looking to expand your restaurant brand, open a new franchise, or launch your next big concept? Imagine stepping into an established commercial property with existing kitchen infrastructure, drive-thru capabilities, outdoor patio space, and ample parking already in place. Extensively renovated in 2024, the property offers a valuable head start compared to starting from the ground up, potentially saving significant time and development costs. Not in the restaurant business? That's wh ... (Read more) 1.43 Acres near area beaches. Nearly 8,000 Sq. Ft. 150+ Feet of Road Frontage. 43,000+ Vehicles Daily. One Incredible Opportunity. Welcome to 8232 Market Street, where location, exposure, and opportunity come together in one of Wilmington's most desirable commercial corridors. Situated in the thriving Porters Neck area, this exceptional property offers approximately 7,950 square feet of extensively renovated commercial space on 1.43 acres, with outstanding visibility along heavily traveled Market Street. Looking to expand your restaurant brand, open a new franchise, or launch your next big concept? Imagine stepping into an established commercial property with existing kitchen infrastructure, drive-thru capabilities, outdoor patio space, and ample parking already in place. Extensively renovated in 2024, the property offers a valuable head start compared to starting from the ground up, potentially saving significant time and development costs. Not in the restaurant business? That's where the possibilities get even more exciting. Envision a bustling retail destination, medical or dental practice, fitness or wellness center, specialty showroom, professional headquarters, entertainment venue, or an innovative business concept serving Wilmington's growing coastal communities. The building's size, layout, and infrastructure create opportunities for a wide range of potential uses. For investors and developers, think bigger. Explore the potential for a multi-tenant retail or service center, reposition the existing building for a new commercial use, or secure a highly visible asset along a sought-after commercial corridor. With substantial road frontage, established improvements, and surrounding commercial activity, the property presents multiple avenues for owner-users and investors alike. And the location speaks for itself. Positioned along Market Street with exposure to more than 43,000 vehicles per day, the property benefits from proximity to major national retailers including Walmart, Harris Teeter, and Lowe's. Convenient access to I-140 connects the site to Wilmington, Hampstead, and surrounding coastal communities, creating opportunities to serve both established neighborhoods and expanding residential markets. Additional features include municipal utilities, natural gas, loading access, ample parking, and B-1 zoning, offering a versatile foundation for its next chapter. The real value of 8232 Market Street isn't just the building or the land. It's the opportunity to turn an exceptional location into your next success story. Whether you're opening your second restaurant, expanding a franchise, launching a flagship business, or building your commercial investment portfolio, this is an opportunity worth exploring.

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 - 29 - 2026

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