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    4924 Wrightsville Ave Wilmington, NC 28403

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    For Sale
    $2,999,900

    Two adjoining commercial properties with a turnkey restaurant and bar.

    Building Details

    Year built
    1954

    Source: REAL BROKER LLC Agent TIDAL REALTY PARTNERS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Landmark Restaurant and Bar Property

    Two adjoining commercial properties are available for purchase in a prime location on Wrightsville Avenue. One of the properties includes Buffaloe's Watering Hole, a well-established turnkey business with a long history. This building has functioned as a store, grill, and beverage hub. The location on Wrightsville Avenue offers visibility and traffic, and is situated minutes from UNCW and Wrightsville Beach. The sale includes 4924 and 4920 Wrightsville Avenue, the turnkey business, a furnished commercial kitchen, and all equipment and inventory. The back portion of the property can be used for additional parking or event space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Buffaloes watering hole Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Diskitco, Starbucks, Vapor Blunt Vapor Bar, Jerry Allen's Sports Bar and Grill Midtown at Katy's, Katy's Grill and Bar

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8782106
    Latitude
    34.2131

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    FAQs

    What type of property is this?
    Bar - Two adjoining commercial properties with a turnkey restaurant and bar.
    Where is this bar located?
    The property is located at 4924 Wrightsville Ave Wilmington, NC.
    What is the asking price?
    The asking price for this property is $2,999,900.
    What are key features of this property?
    This property features: - Prime location on Wrightsville Avenue, minutes from UNCW and Wrightsville Beach.; - Turnkey business opportunity: Buffaloe's Watering Hole included in sale.; - Well-established business with decades of local history.
    Request Owner's contact information
    4924 Wrightsville Ave Wilmington, NC 28403
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    Wilmington, NC 28403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4924 Wrightsville Ave Wilmington, NC 28403
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