Location
Agent Comments
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.
Amenities
- Electric Oven
- Refrigerator
- Dishwasher
Additional Features
- Association Amenities: None
- County: New Hanover
- Days on Market: 443
- Exterior: None
- Pool: Yes
- Pool Features: None
- Property Sub Type: Triplex
- Stories: 1
- Tax Number: R06108-009-001-000
- Waterfront Features: None
- Water/Sewer: Electricity Connected, Propane, Sewer Connected, Water Connected
- Year Built: 1954
- Property Type: Rental Income
- Tax Year: 2024
- Tax Amount: $4,675.38
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Floors: Tile, Vinyl
- Heat System: Propane, Electric, Forced Air
- Interior: Ceiling Fan(s)
- Room Type: Dining Area
- Levels: Three Or More
- Heating Fuel: Electric,Propane
- Association Amenities: None
- Furnished: Negotiable
- Laundry: Dryer Hookup,Washer Hookup
- Water Heater: Electric
- Attic Description: Access Only
- Basement Description: None
Exterior Features
- Exterior: None
- Fuel Tanks: None
- Parking: Shared Driveway, Additional Parking, Off Street
- Pool: None
- Roof: Shingle
- Siding: Brick, Vinyl Siding
- Waterfront Feature: None
- Is New Construction: No
- Construction: Brick,Vinyl Siding,Wood Frame
- Foundation: Slab,Crawl Space
- Water Source: Public
- Septic or Sewer: Municipal Sewer,Cape Fear Public Utility Authority
- Water Provider: Cape Fear Public Utility Authority
- Utilities: Electricity Connected,Propane,Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: None
- Exterior: Brick,Vinyl Siding
- Patio/Deck Description: Porch
- Zoning: ROD
- Building Total Area (Sq.Ft): 3579
- Road Description: City Street,State Road,Paved
- Road Improvements: See Remarks
- View Description: None
Location
- Directions: From Downtown Wilmington, take Dawson street east. Follow it to merge on to Oleander. Follow Oleander, cross over College Road. The property is on the right.
- Street Number: 5018
- County: New Hanover
- Latitude: 34.208533
- Longitude: -77.87266
- Subdivision: Piney Woods
- Marketing City: Wilmington
Listed by: Jeffrey G Hovis from Intracoastal Realty Corporation.