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Drive-Thru Restaurant Location For Sale
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1916 S 16th St, Wilmington, NC 28401

Vacant land suitable for drive-thru restaurant, drug store, or office.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market1898

Property Features for 1916 S 16th St

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Hospitality
Zoning O&I
Listing Agency: Blue Coast Commercial
Listed By: Steve Hall · License #NC 255181
Source: Crexi
Added: Jun 25, 2021 Changed: Aug 14 Last Checked: Sep 2 at 5:13AM

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 Blue Coast Commercial

Investment Insights

Based on property information with market context.

This property is a drive-thru restaurant location situated on a signalized intersection at the corner of S. 16th Street and Robinhood Road. The site is located within 1/4 mile of New Hanover Regional Medical Center. The property consists of approximately 0.50 acres of vacant land zoned O&I, which allows for a restaurant with a drive-thru, drug store, or office. The location offers visibility and ease of access from 16th Street. Traffic counts for that sector of 16th Street average 24,000 cars per day.

Key Highlights

  • Drive‑Thru restaurant location on a signalized intersection.
  • Located within 1/4 mile from New Hanover Regional Medical Center.
  • Zoned O&I allowing for a restaurant with a drive‑thru, drug store, or office.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Law Firm Spa & Massage Center

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

1,210
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land suitable for drive-thru restaurant, drug store, or office.
Where is this commercial land located?
The property is located at 1916 S 16th St Wilmington, NC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Drive‑Thru restaurant location on a signalized intersection.; Located within 1/4 mile from New Hanover Regional Medical Center.; Zoned O&I allowing for a restaurant with a drive‑thru, drug store, or office.
(910) 279-3227 Call to check price and availability
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