$4,400,000
8232 Market Street
Wilmington, NC 28411
MLS# 100570977
7922 sqft


View from Market Street looking south at the sign
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View from Market Street looking south at the sign Front View of the Restaurant Front View of the Restaurant IMG_1374 Front View of the Restaurant IMG_1376_1 IMG_1377 IMG_1377_1 Side View of Drive Through IMG_1379 Side View of Drive Through IMG_1380 Side and rear Parking IMG_1381 IMG_1381_1 IMG_1382 IMG_1382_1 IMG_1383 IMG_1383_1 Rear View with additional Parking Rear View with additional Parking IMG_1386 IMG_1386_1 IMG_1387 IMG_1387_1 IMG_1388 IMG_1388_1 Retention Pond Retention Pond IMG_1393 IMG_1394 Order Counter IMG_1396 Dining Area Dining Area Dining Area IMG_1400 IMG_1401 IMG_1402 IMG_1403 IMG_1404 IMG_1405 Outdoor covered dining area IMG_1409 IMG_1410 IMG_1411 IMG_1412 IMG_1413 IMG_1414 IMG_1415 IMG_1416 IMG_1417 View of kitchen prep area and double ovens Roll up Door for easy load in Walk In Coolers IMG_1421 Storage Area STorage Area IMG_1424 IMG_1425 Gas stove and fryers with hood fire suppression system IMG_1427

Property Description
This beautifully renovated 7900 square foot restaurant facility offers great road front visibility and prime road frontage on Market Street in the robust Porters Neck Area. This restaurant is fully equipped and move in ready. This restaurant in its current layout offers a wide variety and range of restaurant concepts. This property was renovated in 2023 and has a new roof, HVAC and plumbing upgrades, new flooring, drive thru, Grease Trap, Kitchen Hood fire suppression system, and spacious restroom facilities. This property is zoned B-1 and has 61 parking spaces. Marquee sign included. This is an ideal restaurant location, however this prime location lends itself to a host of other options ideally suited for the B-1 Zoning District.

Details
Maps
Location Information
City Limits: No
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 8232
Street Name: Market
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28411
Subdivision: Other
Geo Lat: 34.297444
Geo Lon: -77.791281
Building/Ext Features
ud_i_07: 150
# of Bays: 0
# of Units: 0
Fireplace Y/N: No
Lot Acres: 1.43
Lot SqFt: 62291
Lot Dimensions: 150x536x150x467x126
SqFt - Total Available: 7922
Location Type: Mainland
Contract Info
Delayed Marketing?: No
Sub-Type: Business
Garage: N/A
List Price/SqFt: 555.42
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-05-01
Listing Price: 4400000
Current Price: $4,400,000
Remarks and Showing
Sign on Property: No
Directions to Property: Market Street Heading North to the Porters Neck area, Mema's Chick'n and Ribs is on the right just before the Harris Teeter
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 2721000
Deed Book: 6709
Deed Page: 1992
Legal: Pt Tr 3 Rusher Div
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
Tax Year: 2025
Zoning: B-1
Cobra Zone: No
Year Built: 1999
Business Type
Food Service: 1
Miscellaneous
Current Use: Restaurant
Basement
None: 1
C & I Features
ADA Compliant: 1
Delivery Door: 1
Fire Supression: 1
Fixtures/Furniture: 1
Refrig Storage: 1
Handicap Accessible
Accessible Entrance: 1
Construction
Wood Frame: 1
Current Service Providers
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Brick Veneer: 1
Terms
Cash: 1
Foundation
Slab: 1
Fuel Tank
Propane Above Ground: 1
Security Features
Cameras Included: 1
Fuel Tank Ownership
Owned: 1
Parking Features
Parking Lot: 1
Sale/Lease Includes
Equipment: 1
Fixtures: 1
Land: 1
Road Type/Frontage
Highway: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: 11 - 15 Miles
Interstate: Less than 5 Miles
Port: 11 - 15 Miles
Average Daily Traffic: 43000
Cooling
Central Air: 1
Heat Pump: 1
Location
Corner: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 7922
Property Features
Business Type: Food Service
Basement: None
Handicap Accessible: Accessible Entrance
Construction: Wood Frame
Exterior Finish: Brick Veneer
Foundation: Slab
Security Features: Cameras Included
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Owned
Parking Features: Parking Lot
Location: Corner
Cooling: Central Air; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash

IDX
Listing Office: Barfield & Associates Realty

Last Updated: May - 02 - 2026

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