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Business at 8232 Market Street, Wilmington, NC 28411
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$4,200,000

8232 Market Street, Wilmington, NC 28411
Wilmington, NC 28411
Listed by Pinpoint Properties · REAL Broker LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1999

About this home

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.

Property details

MLS
Hive MLS
MLS #
100595151
Property type
Business
Subdivision
Not In Subdivision
Status
Active
Days on market
67
On market date
October 13, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
61
Lot size
1.43 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Dr Hubert Eaton Sr Elem
3.27 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
450
Student:teacher ratio
14.5:1
District
New Hanover County Schools
Middle
Holly Shelter Middle
6.77 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
885
Student:teacher ratio
15.5:1
District
New Hanover County Schools
High
Emsley A Laney High
4.65 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
2,114
Student:teacher ratio
17.9:1
District
New Hanover County Schools

Walkability

Blended score for Wilmington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

39
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Wilmington, from live MLS data.

On the market 67 days -- 35 fewer days than Wilmington's current average of 102 days.
For reference, the median list price across 1,437 active listings in Wilmington right now is $420,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$25,443/mo
$840,000 down
$3,360,000 loan
Principal & interest$21,793
Property tax (est.)$3,500
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.