5018 Oleander DR, Wilmington, NC 28403
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$ 979,000
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5018 Oleander DR Wilmington, NC 28403

3,579 SqFt


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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,579 sqft

Price per Sqft $273

Subdivision Seagate

MLS Listing ID 100516272

HOA Y/N No

Year Built 1954

Lot Size 0.459 Acres

Acres 0.46

Lot Dimensions 100 x 200

Property Sub-Type Multi Family

Source Hive MLS

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.

Location

State NC

County New Hanover

Community Seagate

Zoning ROD

Direction East on Oleander past long leaf park- property will be on the right.

Rooms

Basement None

Interior

Heating Propane, Heat Pump, Electric

Cooling Heat Pump

Flooring Tile, Wood

Exterior

Parking Features Shared Driveway, Gravel, Unpaved

Utilities Available Water Available, Electricity Connected, Phone Available

Amenities Available Ramp

Waterfront Description None

Roof Type Shingle

Building

Lot Description See Remarks

Foundation Crawl Space

Water Public, Community Water, Public2

New Construction No

Others

Tax ID R06108-009-001-000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Intracoastal Realty Corp

NEARBY SCHOOLS & PROPERTIES

Kim Rivera

Kim Rivera

Agent | License ID: 320442

+1(706) 305-7135

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5018 Oleander DR