Wilmington, NC 28403 5018 Oleander Drive
$979,000



38 more






































Presented By: Lisa W Wayne with Intracoastal Realty Corporation.
Home Details
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.
Presented By: Lisa W Wayne with Intracoastal Realty Corporation.
Interior Features for 5018 Oleander Drive
Bathrooms
Total Baths
Other Interior Features
SmokingYNNo
Air Conditioning Y/NNo
Attic FeaturesNone
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Water HeaterElectric
General for 5018 Oleander Drive
Association AmenitiesRamp
Attached Garage No
Availability Date2025-06-27
Business TypeMixed, Retail
Carport Y/NNo
CityWilmington
Construction MaterialsVinyl Siding
CoolingHeat Pump
CountyNew Hanover
Current UseRetail
DirectionsEast on Oleander past long leaf park- property will be on the right.
Garage Y/NNo
HOANo
HeatingPropane, Heat Pump, Electric
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandMainland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionLOT 48 B Piney Woods
LocationSee Remarks
Lot Size Square Feet19994.0
Lot Size UnitsAcres
New ConstructionNo
Parcel NumberR06108-009-001-000
PossessionClose Of Escrow, At Closing
Property Attached Y/NNo
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofShingle
Standard StatusActive Under Contract
StatusPending with Showings
Subdivision NameSeagate
Tax Assessed Value537400
Tax Year2024
Taxes$4,675
UtilitiesWater Available, Electricity Connected, Phone Available
Waterfront FeaturesNone
Year Built1954
ZoningROD
Exterior for 5018 Oleander Drive
Building Area Total3579.0
Crops Included Y/NNo
Exterior FinishVinyl Siding
Foundation DetailsCrawl Space
Horse Y/NNo
Lot Dimensions100 x 200
Lot FeaturesSee Remarks
Lot Size Acres0.46
Lot Size Area0.46
Parking FeaturesShared Driveway, Gravel, Unpaved
Road Frontage TypeCity Street, State Road
SpaNo
Water SourcePublic, Community Water
Waterfront Y/NNo
Additional Details
Price History
Beverly Faircloth
Broker ABR, CRS, GRI, RRS
SQFT • 3,579