5018 Oleander Drive, Wilmington, NC

$979,000

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0.46

Acres

About 5018 Oleander Drive

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.

Features of 5018 Oleander Drive

MLS® # 100516272
Price $979,000
Acres 0.46
Year Built 1954
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 5018 Oleander Drive
Subdivision Seagate
City Wilmington
County New Hanover
State NC
Zip Code 28403

Amenities

Amenities Ramp
Utilities Water Available, Electricity Connected, Phone Available
Parking Shared Driveway, Gravel, Unpaved
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Propane, Heat Pump, Electric
Cooling Heat Pump
Fireplace No

Exterior

Lot Description See Remarks
Roof Shingle
Construction Vinyl Siding
Foundation Crawl Space

Additional Information

Date Listed June 27th, 2025
Days on Market 187
Zoning ROD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIntracoastal Realty Corp

Listing Map

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