5018 Oleander Drive, Wilmington, NC 28403 (MLS# 100516272)

5018 Oleander Drive, Wilmington, NC 28403

$979,000

Property Type: Comm Sale or Lease Square Footage: 3,579 Lot Size (sq. ft.): 19,994 Status: Active

Current Price: $979,000 List Date: 8/04/2026 Last Modified: 8/04/2026

Overview

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 off ... (Read more)

Listing Details MLS# 100516272

Contract Info

Available Date: 2025-06-27
Delayed Marketing?: Yes
Marketing Start Date: 2025-06-27
Sub-Type: Multi Family
Garage: Masterlock
Sale/Lease: Sale
Listing Price: 979000
List Price/SqFt: 273.54
Stipulation of Sale: Standard

Location Information

Street #: 5018
Street Name: Oleander
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Marketing City: Wilmington
Subdivision: Seagate
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: East on Oleander past long leaf park- property will be on the right.
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 3579

Legal and Taxes

Tax Assessed Value: 537400
Deed Book: 6175
Deed Page: 354
Legal: LOT 48 B Piney Woods
Broker Owner: No
PID: R06108-009-001-000
Tax Identifier: R06108-009-001-000
Total Real Estate Property Taxes: 4675.38
Special Assessments: None
Tax Year: 2024
Year Built: 1954
Zoning: ROD
HOA: No
Cobra Zone: No

More Information

Miscellaneous

Current Use: Retail

Current Service Providers

Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority

Property Features

Business Type: Mixed; Retail HOA and Neigh Amenities: Ramp Attic: None Basement: None Exterior Finish: Vinyl Siding Flooring: Tile; Wood Foundation: Crawl Space Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: Dirt; Gravel; Shared Driveway; Unpaved Roof: Shingle Lot Description: See Remarks Location: See Remarks Lot Water Features: None Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric; Propane Water Heater: Electric Utilities: Electricity Connected; Phone Available; Water Available Sewer: Community Sewer Water Source: Community Water; Public Terms: 1031 Exchange; Cash; Conventional

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: August - 04 - 2026

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