$4,200,000
( $530.17Per Sq Foot )
 $21,909 est/mo Sourced by Back At You

8232 Market Street,Wilmington, NC 28411

Wilmington, NC 28411

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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.

Details

MLS #100595151
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1999
Days On Site72
Listing Provided ByREAL Broker LLC | Pinpoint Properties

Features

SQ Feet7,922
ZoningB-1
Acreage1.43

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Heat Pump

Exterior

Foundation DetailsSlab
Lot FeaturesLevel, Shopping Nearby
Construction MaterialsBrick Veneer, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesParking Lot, Concrete

Utilities

UtilitiesPropane, Sewer Connected, Water Connected

Taxes

Tax Assessed Value2721000
Tax Book Number0000
Tax Legal DescriptionPt Tr 3 Rusher Dr
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28411
Listing VS Median (in 28411)
Price:
$4,200,000
low | high
Med:
$574,802
100% of Average
sqft:
7,922
low | high
Med:
2,058
100% of Average
$ / sqft:
$530
low | high
Med:
$279
97.318461705771% of Average
On site:
72
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 28411

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28411
Listing VS Median (in 28411)
Price:
$4,200,000
low | high
Med:
$574,802
100% of Average
sqft:
7,922
low | high
Med:
2,058
100% of Average
$ / sqft:
$530
low | high
Med:
$279
97.318461705771% of Average
On site:
72
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: October 13, 2026 at 11:47:40 AM PDT