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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

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.

Property details

MLS
Hive MLS
MLS #
100595151
Property type
Business
Subdivision
Not In Subdivision
Status
Active
Days on market
80
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 80 days -- 20 fewer days than Wilmington's current average of 100 days.
For reference, the median list price across 1,435 active listings in Wilmington right now is $419,500.

Mortgage calculator

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

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%
Adjust tax / insurance estimates
% / yr
$
/mo
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 1 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.