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Jessica Taylor

jessica@jessicataylorrealty.com +1(910) 544-9897

$ 4,200,000

Est. payment | -/mo

7,922 SqFt

Save

$ 4,200,000

Est. payment | -/mo

Save

7,922 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 7,922 sqft

Price per Sqft $530

Subdivision Not In Subdivision

MLS Listing ID 100595151

Style Wood Frame

HOA Y/N Yes

Year Built 1999

Lot Size 1.430 Acres

Acres 1.43

Lot Dimensions 150x536x150x467x126

Property Sub-Type Business

Source Hive MLS

Property 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 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.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning B-1

Direction 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.

Location Details Mainland

Interior

Heating Heat Pump, Electric, Forced Air

Cooling Central Air, Heat Pump

Exterior

Parking Features Parking Lot, Concrete

Utilities Available Propane, Sewer Connected, Water Connected

Amenities Available None

Garage No

Building

Lot Description Level, Shopping Nearby

Foundation Slab

Water Public

New Construction No

Others

Tax ID R03600-005-042-000

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors

Listed by REAL Broker LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(910) 544-9897

jessica@jessicataylorrealty.com

8232 Market ST Wilmington, NC 28411

Jessica Taylor

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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8232 Market ST