Unique Opportunity in Midtown Wilmington. Discover a rare

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Home For Sale

5018 Oleander Drive

Wilmington, North Carolina 28403

New Hanover County

Community: Piney Woods

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$979,000 2 br, 3.0 bath 3579 sq. ft. 0.460 acres

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.

Interior:
  • Bedrooms: 2
  • Baths: 3.0
  • Sq Ft: 3579
  • Year Built: 1954
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Propane (Heating), Electric (Heating), Forced Air
  • Garage: Driveway, Off Street
Exterior:
  • Lot Size: 0.460 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick, Vinyl Siding
  • Roof: Shingle
  • Property Taxes: $4,675
  • MLS #: 100516487
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Contact Information:
Beach Home For Sale in Wilmington, North Carolina
Listing Agent: Jeffrey G Hovis, Intracoastal Realty Corp, 910-512-2205, 910-256-4503 Listing Site, Listing Status: Active
Copyright © 2025 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7037097
Viewed 52 times.
Updated: Dec 14, 2025

This property is a Home located at 5018 Oleander Drive, Wilmington, North Carolina 28403, and is currently For Sale at $979,000. This Home has 2 bedrooms, 3.0 baths, 3579 sq ft.