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Quick Serve Restaurant with Drive-Thru
For Sale
Contact for pricing
Pending

4023 Market Street, Wilmington, NC 28403

Stand-alone quick serve restaurant building with drive-thru, wraparound bar, and kitchen hood system, offered for sale.

Property Size1,750 SF
Lot Size0.96 Acres
Days on Market40

Property Features for 4023 Market Street

General Information

Standard status Pending
Size 1,750 SF
Total Parking Spaces 29
Lot size 0.96 Acres
Property subtype RETAIL

Additional Details

Fenced Yard Yes
Commercial Hood Yes
Listing Agency: RE/MAX Essential
Listed By: Kenneth Fisher · License #NC227264
Source: Moodyscre
Added: Jun 22 Changed: Jul 25 Last Checked: Jul 30 at 7:32AM

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 RE/MAX Essential

Investment Insights

Based on property information with market context.

This stand-alone quick serve restaurant building with drive-thru is for sale and described as near turn-key. The property includes a drive-thru configuration, a rooftop facade with arched windows, and street-front orientation. Inside, a wraparound bar separates the kitchen and service area from the dining room, and the kitchen has a hood system in place with connections for additional equipment. Existing equipment conveys with the sale, including two exterior walk-in coolers located in a fenced area just out the back door.

The site provides driveways on Market Street as the primary access point and on Princess Place Drive, with access to a signalized intersection. The parcel includes approximately half undeveloped space that could be used as an outdoor dining or courtyard area.

Parking is provided in a lot with 29 striped spaces, including one handicap space with an access aisle.

Key Highlights

  • 1,750 SF stand‑alone quick serve restaurant building with drive‑thru
  • Sits on 0.96 acres on a highly traveled Wilmington corridor, about 3 miles from downtown
  • Driveways on Market Street (primary) and Princess Place Drive, providing access to a signalized intersection

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.

Lease Details

Yes
Fenced yard
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,019
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 - Stand-alone quick serve restaurant building with drive-thru, wraparound bar, and kitchen hood system, offered for sale.
Where is this drive through restaurant located?
The property is located at 4023 Market Street Wilmington, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,750 SF stand‑alone quick serve restaurant building with drive‑thru; Sits on 0.96 acres on a highly traveled Wilmington corridor, about 3 miles from downtown; Driveways on Market Street (primary) and Princess Place Drive, providing access to a signalized intersection
(910) 616-2123 Call to check price and availability
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