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5018 Oleander Drive

Wilmington, NC 28403
  • $979,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 100516272
UPDATED: 20 min ago
$979,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,808
    SQFT
  • $257
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Area:

School Ratings & Info

Description

Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses--making it perfect for entrepreneurs, investors, or those seeking a live/work environment.The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses.Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

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Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-07-13T16:57:19.027.
www.nccoastalproperty.com/homes/165361630
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5018 Oleander Drive Wilmington, NC 28403

  • Price: $979,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 20 min ago
  • MLS #: 100516272
0
Beds
0
Baths
0
½ Baths
0.46
Acres
3,808
SQFT
$257
$/SQFT
1954
Built
Neighborhood:
Seagate
County:
New Hanover
Area:
Wilmington
Property Description
Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses--making it perfect for entrepreneurs, investors, or those seeking a live/work environment.The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses.Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.
Exterior Features

Exterior Finish Vinyl Siding Foundation Crawl Space Location See Remarks Location Type Mainland Lot Description See Remarks Lot Dimensions 100 x 200 Lot Water Features None Parking Driveway DirtUnpavedShared DrivewayGravel Road Type Frontage Public (City/Cty/St) Roof Shingle

Interior Features

Attic None Basement None Cooling System Heat Pump Flooring TileWood Heating System Heat Pump Sq Ft Total Available 2072.00 Water Heater Electric

Property Features

City Limits Yes Cobra Zone No Commercial Features Storage Outside Commercial Sub Type MixedRetail Current Use Retail Electric Provider Duke Energy Fuel Tank Propane Above Ground Fuel Tank Ownership Leased Hoa Amenities Ramp Hoa YN No New Construction No Possession At Closing Property Taxes 4675.38 Sale Lease Includes BuildingsLand Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority Stipulation Of Sale Standard Tax Year 2024 Terms 1031 ExchangeConventionalCash Water Provider Cape Fear Public Utility Authority Water Sewer Electricity ConnectedWater AvailablePhone Available Zoning ROD



Mid Carolina MLS logo Listing information © 2025 NCRMLS
Listing courtesy of Lisa Wayne of Intracoastal Realty Corp: (910) 256-4503.


Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-07-13T16:57:19.027.
 
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The Legacy Team | Intracoastal Realty
119 Causeway Drive
Ocean Isle Beach NC, 28469