1. North Carolina
  2. Wilmington
  3. 5018 Oleander Drive
$979,000

5018 Oleander Drive, Wilmington, NC 28403

  • 3,808 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $257/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
June 27, 2025 at 05:00AM
Listing Office:
Intracoastal Realty Corp : 910-256-4503
MLS ID:
100516272
  • Basement: None
  • Flooring: TileWood
  • Heating: Heat PumpElectricPropane

This listing courtesy of Intracoastal Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Winter Park Elementary School

204 S MacMillan Ave, Wilmington, NC, 28403

Grades KG-5

0.59 miles away

R

Roland-Grise Middle School

4412 Lake Ave, Wilmington, NC, 28403

Grades 6-8

0.97 miles away

I

Isaac M Bear Early College High School

630 MacMillan Ave N, Wilmington, NC, 28403

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.