5018 Oleander Drive Wilmington, NC $ 979,000
5018 Oleander Drive
$ 979,000
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5018 Oleander Drive

Wilmington, NC, 28403
$ 979,000
Bedrooms-- Baths-- Sq 3,808

Monthly Estimate*

$ 6,108

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Commercial Property for sale in Wilmington, NC

for $979,000. This 3,808 square foot building was built in 1954 on a lot size of 0.46.

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.

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Commercial Active

Price

$ 979,000

Property Type

Commercial

Taxes

$ 4,675

Style

Multi Family

Lot Size

0.46

Year Built

1954

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100516272

Features
General
Heating Propane Heat Pump Electric
Cooling Heat Pump
Utilities Water Available Electricity Connected Phone Available
Possession Close Of Escrow At Closing
Roof Shingle
Zoning ROD
Construction Materials Vinyl Siding
Year Built 1954
Property Subtype Multi Family
Tax Year 2024
Current Use Retail
Taxes 4675.38
Location See Remarks
Parcel Number R06108-009-001-000
Business Type Mixed Retail
Waterfront Features None
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities Ramp
HOA N
Attached Garage N
Subdivision Name Seagate
Garage Y/N N
Status Active
Directions East on Oleander past long leaf park- property will be on the right.
City Wilmington
Lot Size Units Acres
Lot Size Square Feet 19994.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Availability Date 2025-06-27
Standard Status Active
Tax Assessed Value 537400
Legal Description LOT 48 B Piney Woods
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Interior
Basement None
Flooring Tile Wood
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Attic Features None
Total Baths 0
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Exterior
Exterior Finish Vinyl Siding
Parking Features Shared Driveway Gravel Unpaved
Lot Features See Remarks
Water Source Public Community Water
Lot Size Area 0.46
Foundation Details Crawl Space
Spa N
Building Area Total 3808
Lot Dimensions 100 x 200
Lot Size Acres 0.46
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 5018
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* Excluded Features
List By
Lisa W Wayne

Listing Agent

Intracoastal Realty Corp

Broker

lisawayne@intracoastalrealty.com

Email

Affordability Calculator

$6,497
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,108
Monthly Property Taxes
$390
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2025$979,000 Listed Price

Map


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5018 Oleander Drive, Wilmington, NC, 28403 is a Commercial Property for sale at $979,000 with 3,808 sqft and a lot size of 0.46. 5018 Oleander Drive was built in 1954. The property's zip code is 28403 which is in Wilmington, NC