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Breakfast Restaurant with 94 Seats
For Sale
Contact for pricing
Pending

116 Market St, Wilmington, NC 28401

Operating breakfast and lunch concept with furniture, fixtures, equipment, and intangible assets included.

Property SizeContact for details
Days on Market144

Property Features for 116 Market St

General Information

Standard status Pending
Property subtype Retail

Restaurant

Seating Capacity 94
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Creative Commercial Properties Wilmington
Listed By: Jim Quinn · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Creative Commercial Properties Wilmington

Investment Insights

Based on property information with market context.

This established breakfast and lunch restaurant offers a 94-seat dining operation with a long operating history dating to 1898. The business relocated to its current site in the mid-1950s and has been managed by the present owner for fifteen years.

The sale includes a long-term lease along with the restaurant’s furniture, fixtures, equipment, and intangible assets. The property is located at 116 Market Street in Wilmington, North Carolina.

Key Highlights

  • 94‑seat breakfast and lunch restaurant
  • Restaurant established in 1898
  • Operating at its current location since the mid‑1950s

Property Analytics

Current Use

Dixie Grill Restaurant

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,461
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Shops & Services 34% Hotels & Casinos 30%
Shuckin' Shack Oyster Bar Dining
4,230 visits/mo 0.2 miles
Wells Fargo Shops & Services
3,947 visits/mo 0.4 miles
Hampton Inn Wilmington Downtown Hotels & Casinos
3,551 visits/mo 0.4 miles

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Rosehill Inn Bed & Breakfast 114 S 3rd St, Wilmington, NC 28401
  • The French House 103 S 4th St, Wilmington, NC 28401
  • St James Inn(VRBO) 9 S 4th St, Wilmington, NC 28401
  • Blue Heaven Bed & Breakfast 517 orange st, wilmington, nc 28401
  • Bagels on Pointe - Downtown 106 N Water St, Wilmington, NC 28401

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Operating breakfast and lunch concept with furniture, fixtures, equipment, and intangible assets included.
Where is this breakfast & diner located?
The property is located at 116 Market St Wilmington, NC.
What are key features of this property?
This property features: 94‑seat breakfast and lunch restaurant; Restaurant established in 1898; Operating at its current location since the mid‑1950s
More about this property
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