Wilmington, NC Restaurants for Sale

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Updated: Sep 28, 2024

Versatile Commercial Property Near Medical Clinic

3101 Princess Place Drive, Wilmington, NC 28405

$700,000

3,598 sqft · 0.31 AC lot

COMMUNITY BUSINESS zoning allows for diverse uses such as food truck commissary, hospitality, and medical offices.
Prime location adjacent to Novant's Michael Jordan Medical Clinic.
Substantial 3,598 heated square feet.
Includes a full commercial kitchen with all FF&E conveying.
Previously used as a daycare licensed for 84 children.

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This listing looks promising.

Here's a quick look at some key insights for

3101 Princess Place Drive, Wilmington, NC 28405

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$37K
Annual
Price @ 7% Cap

$524K
Suggested
Property Type

Day Care, Pre-School (Commercial)
Built 1997

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Updated: May 1

Renovated Restaurant Facility on Market

8232 Market Street, Wilmington, NC 28411

$4,400,000

7,922 sqft · 1.43 AC lot

7,900 SF renovated restaurant facility on Market Street in the Porters Neck area
Renovated in 2023 with new roof, HVAC and plumbing upgrades, and new flooring
Fully equipped with drive‑thru, grease trap, and kitchen hood fire suppression system
B‑1 zoning and marquee sign included
61 parking spaces and parking lot onsite

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Leased Retail Center For Sale

3534 Oleander Dr, Wilmington, NC

$9,477,000

16,091 sqft · 44.13 AC lot

Fully leased retail strip center in Wilmington, North Carolina.

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Mixed-Use Property in Soda Pop District

1120 Princess Street, Wilmington, NC 28401

$1,095,000

1,516 sqft · 0.24 AC lot

Mixed-use property in the heart of the Soda Pop District.

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Restaurant Building with Drive-Through

4023 Market, Wilmington, NC 28403

$949,999

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

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Established Sports Pub For Sale

Main St, Confidentially, Wilmington, NC 28405

$1,200,000

3,300 sqft

Popular Wilmington sports pub with continued growth, prime location.

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Drive-Thru Restaurant Location For Sale

1916 S 16th St, Wilmington, NC 28401

$299,000

0.50 AC lot

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Wilmington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Move-In Ready Sports Bar & Grill

8039 River Road SE, Southport, NC 28461

$675,000

2,120 sqft · 0.77 AC lot

Fully equipped sports bar and grill space in a cleared lot with substantial frontage and on-site parking.

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Prime Commercial Land, Supply, NC

377 Ocean Highway W, Supply, NC 28462

$1,500,000

1.98 AC lot

1.98 acres with highway frontage suitable for various commercial uses.

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Established Restaurant Near Downtown Southport

8039 River SE Road, Southport, NC 28461

$795,000

2,124 sqft · 0.77 AC lot

Restaurant on large lot near downtown Southport growth area.

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Bakery and Residential Home Opportunity

3331 Holden Beach, Supply, NC 28462

$1,999,000

Successful bakery and residential home near Holden Beach for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wilmington Commercial Land For Sale

4213 Princess Place Drive, Wilmington, NC 28405

$895,000

0.89 AC lot

Commercial property in Community Business District with road frontage.

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Wilmington Redevelopment Opportunity

2006 Princess Place Drive, Wilmington, NC 28405

$499,000

5,636 sqft · 0.33 AC lot

Redevelopment opportunity near Downtown Wilmington with existing building.

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New Hanover County Land Opportunity

258 Plantation Road, Wilmington, NC 28411

$525,000

241,758 sqft · 5.50 AC lot

5.5 acres in developing Greenview Ranches area.

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Land Near Scotts Hill Marina

6 Scotts Hill Loop Road lot: 6, 7, & 8, Wilmington, NC 28411

$965,000

0.45 AC lot

Land near marina and restaurant, no HOA, close to shopping.

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Off-Market Properties in Wilmington, NC

Consider similar Off-Market properties in Wilmington, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

7300 Market St, Wilmington, NC 28411-9449

Value Estimation by Request

4,571 sqft · 0.90 AC lot

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RESTAURANT

321 Raleigh St, Wilmington, NC 28412-6307

$2,835,000

Estimated value

16,128 sqft · 1.53 AC lot

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RESTAURANT

2541 Carolina Bch Rd, Wilmington, NC 28401-7609

$1,740,000

Estimated value

7,446 sqft · 1.30 AC lot

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RESTAURANT

6828 Market St, Wilmington, NC 28405-9723

$1,895,000

Estimated value

4,547 sqft · 1.42 AC lot

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RESTAURANT

1602 College Rd, Wilmington, NC 28403-7308

$2,660,000

Estimated value

7,713 sqft · 1.50 AC lot

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RESTAURANT

1419 Airlie Rd, Wilmington, NC 28403-3778

Value Estimation by Request

0.03 AC lot

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RESTAURANT

1414 Airlie Rd, Wilmington, NC 28403-3729

$940,000

Estimated value

7,591 sqft · 0.20 AC lot

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RESTAURANT

1414 Airlie Rd, Wilmington, NC 28403-3729

Value Estimation by Request

0.03 AC lot

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RESTAURANT

4002 Oleander Dr, Wilmington, NC 28403-6815

$2,075,000

Estimated value

4,112 sqft · 0.80 AC lot

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RESTAURANT

7110 Wrightsville Ave Ste C12, Wilmington, NC 28403-7241

$965,000

Estimated value

2,306 sqft · 0.05 AC lot

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RESTAURANT

5400 Oleander Dr, Wilmington, NC 28403-5812

$2,850,000

Estimated value

8,444 sqft · 1.37 AC lot

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RESTAURANT

7110 Wrightsville Ave, Wilmington, NC 28403-7219

Unit C11

$975,000

Estimated value

1,130 sqft · 0.02 AC lot

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RESTAURANT

5307 Market St, Wilmington, NC 28405-3505

$3,350,000

Estimated value

7,296 sqft · 1.75 AC lot

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RESTAURANT

2002 Castle St, Wilmington, NC 28403-2108

Value Estimation by Request

1,450 sqft · 0.15 AC lot

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RESTAURANT

131 Frnt St, Wilmington, NC 28401-3944

$1,780,000

Estimated value

16,942 sqft · 0.22 AC lot

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RESTAURANT

100 Frnt St, Wilmington, NC 28401-4413

$2,895,000

Estimated value

6,865 sqft · 0.13 AC lot

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RESTAURANT

4505 Market St, Wilmington, NC 28405-3419

$9,985,000

Estimated value

3,681 sqft · 1.48 AC lot

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Wilmington, NC Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Wilmington, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 34,461 square feet of properties for sale, with an estimated market value of $17,732,000.

Sale prices for restaurant properties in Wilmington, NC start at $700,000, averaging $2,955,333, and reaching up to $9,477,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 212K

Population Growth (5Y) +1.5%

Median Household Income $74,239

College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Wilmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28401	$697K
28403	$950K
28405	$950K
28411	$4.4M

Taxes & Financing

Tax Rate (average for all types) 0.75%

Property Tax per SF $8.51 per SF

Tax Rate vs County Average 0.07 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Hanover County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Wilmington fall within the 100,000+ square foot range.

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Wilmington, NC Restaurants for Sale

3101 Princess Place Drive, Wilmington, NC 28405

8232 Market Street, Wilmington, NC 28411

3534 Oleander Dr, Wilmington, NC

1120 Princess Street, Wilmington, NC 28401

4023 Market, Wilmington, NC 28403

Main St, Confidentially, Wilmington, NC 28405

1916 S 16th St, Wilmington, NC 28401

Opportunities in Nearby Cities

8039 River Road SE, Southport, NC 28461

377 Ocean Highway W, Supply, NC 28462

8039 River SE Road, Southport, NC 28461

3331 Holden Beach, Supply, NC 28462

Potential Development Sites for Consideration

4213 Princess Place Drive, Wilmington, NC 28405

2006 Princess Place Drive, Wilmington, NC 28405

258 Plantation Road, Wilmington, NC 28411

6 Scotts Hill Loop Road lot: 6, 7, & 8, Wilmington, NC 28411

Off-Market Properties in Wilmington, NC

7300 Market St, Wilmington, NC 28411-9449

321 Raleigh St, Wilmington, NC 28412-6307

2541 Carolina Bch Rd, Wilmington, NC 28401-7609

6828 Market St, Wilmington, NC 28405-9723

1602 College Rd, Wilmington, NC 28403-7308

1419 Airlie Rd, Wilmington, NC 28403-3778

1414 Airlie Rd, Wilmington, NC 28403-3729

1414 Airlie Rd, Wilmington, NC 28403-3729

4002 Oleander Dr, Wilmington, NC 28403-6815

7110 Wrightsville Ave Ste C12, Wilmington, NC 28403-7241

5400 Oleander Dr, Wilmington, NC 28403-5812

7110 Wrightsville Ave, Wilmington, NC 28403-7219

5307 Market St, Wilmington, NC 28405-3505

2002 Castle St, Wilmington, NC 28403-2108

131 Frnt St, Wilmington, NC 28401-3944

100 Frnt St, Wilmington, NC 28401-4413

4505 Market St, Wilmington, NC 28405-3419

Wilmington, NC Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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Most Searched ZIP Codes in Wilmington, NC

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