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 usesmaking 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 # | 100516487 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 417 |
| Listing Provided By | Intracoastal Realty Corporation | Jeffrey G Hovis |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,579 |
| Story(s) | 3 |
| Units | 3 |
| Zoning | ROD |
| Acreage | 0.46 |
| Property View | None |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | Dryer Hookup, Washer Hookup |
| Furnished | Negotiable |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab, Crawl Space |
| Lot Features | Level |
| Waterfront Features | None |
| View | None |
| Construction Materials | Brick, Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Shared Driveway, Additional Parking, Off Street |
Utilities
| Utilities | Electricity Connected, Propane, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 537400 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | Lt 48 B Piney Woods S/D |
| Tax Year | 2024 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | Piney Woods |
| Elementary School | Winter Park |
| High School | Hoggard |
| Listing VS Median (in Piney Woods) | |
Price: $979,000 low | high Med: $777,000 sqft: 3,579 low | high Med: 2,816 $ / sqft: $274 low | high Med: $277 On site: 417 low | high Med: 356.5 | |
Market Activity 28403
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | Piney Woods |
| Elementary School | Winter Park |
| High School | Hoggard |
| Listing VS Median (in Piney Woods) | |
Price: $979,000 low | high Med: $777,000 sqft: 3,579 low | high Med: 2,816 $ / sqft: $274 low | high Med: $277 On site: 417 low | high Med: 356.5 | |
