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$4,400,000

  • For Sale
  • Active
  • Commercial Service
  • 7,922 Sq. Ft.
  • 1.43 Acres
  • Updated 1 day ago

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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.

Full Property Details for 8232 Market St

General

  • Price: $4,400,000
  • Taxes: $10,298 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: 2253
  • MLS ID: 100570977
  • Updated: 5/14/2026
  • Added to Site: 15 day(s) ago

Business

  • Business Type: Food Service

Parking

  • Parking Features: Parking Lot

Location

  • County: New Hanover
  • Subdivision: Other
  • Driving Directions: Market Street Heading North to the Porters Neck area, Mema's Chick'n and Ribs is on the right just before the Harris Teeter

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Heat Pump, Electric, Forced Air

Utilities

  • Sewer: Municipal Sewer, Cape Fear Public Utility Authority
  • Water: Public

Structural Information

  • Structure Type: Wood Frame
  • Construction: Brick Veneer, Wood Frame
  • Basement Desc.: None
  • Square Feet: 7,922
  • Current Bldg. Use: Restaurant
  • Year Built: 1999

Lot Features

  • Lot Size (Acres): 1.43
  • Lot Size (Sq. Ft.): 62,291
  • Lot Dimensions: 150 x 536 x 150 x 467 x 126
  • Frontage: City Street, State Road, Highway
  • Zoning: B-1

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $555.42
  • Assessment Amount: $2,721,000
  • Tax Amount: $10,298.99
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Pt Tr 3 Rusher Div
  • Property ID: R03600-005-042-000

Listed by Barfield & Associates Realty, Jonathan Barfield

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Listing agent

— 8232 Market St —

  • Jonathan Barfield

    Barfield & Associates Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8232 Market St

School District:New Hanover County Schools
NameGradesDistance
Holly Shelter Middle School
3921 Roger Haynes Drive, Castle Hayne, NC 28429
6-86.8 mi
Emsley A Laney High
2700 North College Road, Wilmington, NC 28405
9-124.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8232 Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Listed
$4,400,000
76%
MLS
5/29/2024
Sold
$2,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8232 Market St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,007
5%
$2,721,000
46%
2024
$10,476
252%
$1,869,300
—
2023
$2,979
-42%
$1,869,300
—
2021
$5,177
-51%
$1,869,300
—
2022
$10,512
103%
$1,869,300
28%
2021
$5,177
-44%
$1,461,900
—
2019
$9,247
—
$1,461,900
—
2018
$9,247
-2%
$1,461,900
—
2017
$9,466
-4%
$1,461,900
2%
2016
$9,901
8%
$1,428,700
—
2015
$9,201
2%
$1,428,700
—
2014
$9,044
—
$1,428,700
—
2013
$9,044
—
$1,428,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Barfield & Associates Realty, Jonathan Barfield

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8232 Market Street, Wilmington, NC 28411 (MLS# 100570977) is a Commercial Service property. 8232 Market Street is currently listed for $4,400,000 and was received on May 01, 2026. Want to learn more about 8232 Market Street? Do you have questions about finding other Commercial Service real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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