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Restaurant Building with Drive-Through
For Sale
$949,999

4023 Market, Wilmington, NC 28403

Restaurant building with drive-through, updated interior and exterior.

Property SizeContact for details
Days on Market474

Property Features for 4023 Market

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,562

Building Details

Year Built 1977
Listing Agency: COASTAL LIGHTS REALTY
Listed By: RICHARD D'ANJOLELL
Source: Corcoran
Added: May 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 COASTAL LIGHTS REALTY

Investment Insights

Based on property information with market context.

This property, formerly a Taco Bell, is situated on a 0.95-acre parcel on Market Street, featuring 115 feet of road frontage and high traffic volume. The building includes a kitchen equipped with a drive-through, hood vent, and grease trap. Recent updates have been made to both the interior and exterior. Additional features include a delivery door, fire alarm, outside storage, and a walk-in cooler. A large fenced area is also present.

Key Highlights

  • High traffic location on Market Street with 115 feet of road frontage.
  • .95 acre parcel.
  • Building includes a kitchen with drive‑through.

Property Analytics

Current Use

Morgans' Seafood Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Storage Facility Electrical Service

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

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
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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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Restaurant building with drive-through, updated interior and exterior.
Where is this drive through restaurant located?
The property is located at 4023 Market Wilmington, NC.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: High traffic location on Market Street with **115 feet of road frontage.**; .95 acre parcel.; Building includes a kitchen with **drive‑through.**
More about this property
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