5018 Oleander Drive,Wilmington, NC 28403
Wilmington, NC 28403
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.
Details
| MLS # | 100516272 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 462 |
| Listing Provided By | Intracoastal Realty Corporation | Lisa W Wayne |
Features
| SQ Feet | 3,579 |
|---|---|
| Zoning | ROD |
| Acreage | 0.46 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling | Heat Pump |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | See Remarks |
| Waterfront Features | None |
| Construction Materials | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Shared Driveway, Gravel, Unpaved |
Utilities
| Utilities | Water Available, Electricity Connected, Phone Available |
|---|
Taxes
| Tax Assessed Value | 537400 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | LOT 48 B Piney Woods |
| Tax Year | 2024 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | Seagate |
| Listing VS Median (in Seagate) | |
Price: $979,000 low | high Med: $979,000 sqft: 3,579 low | high Med: 3,579 $ / sqft: $274 low | high Med: $274 On site: 462 low | high Med: 462 | |
Market Activity 28403
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | Seagate |
| Listing VS Median (in Seagate) | |
Price: $979,000 low | high Med: $979,000 sqft: 3,579 low | high Med: 3,579 $ / sqft: $274 low | high Med: $274 On site: 462 low | high Med: 462 | |
