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$900,000 -$199,000 (-18.11%) Price Reduced

  • For Sale
  • Active
  • Warehouse
  • 5,193 Sq. Ft.
  • 0.19 Acres
  • Updated 1 day ago
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5215 E Oak Island Dr presents a rare commercial investment opportunity in booming Oak Island, where commercial inventory is limited and demand continues to grow. This 5,193 SF property is being offered for the first time and features five separate units, four of which are secured under fresh leases, providing immediate and stable income. The property offers strong potential for rental growth, while the variety of unit sizes and layouts-including a 36' x 30' conditioned warehouse and a freshly remodeled residential apartment space-ensures versatile leasing options for multiple business types. Excellent road frontage, a central position on the Island, and ideal proximity to high-traffic retailers such as Publix enhance visibility and tenant demand, while rear alley access provides additional parking and efficient box-truck loading. With stable in-place income, flexible commercial spaces, and the scarcity of comparable listings in the area, this property is ideally positioned for investors seeking reliable cash flow with long-term upside in a growing, supply-constrained market.

Full Property Details for 5215 E Oak Island Dr # 1

General

  • Price: $900,000
  • Taxes: $2,792 (2025)
  • Status: Active
  • Type: Warehouse
  • Source: 2253
  • MLS ID: 100553485
  • Updated: 9/1/2026
  • Added to Site: 205 day(s) ago

Business

  • Business Type: Mixed, Warehouse

Interior

  • Flooring: LVT/LVP, Concrete, Tile

Parking

  • Parking Features: Private, Parking Lot, Additional Parking, Gravel, Off Street, On Site, Paved

Location

  • County: Brunswick
  • Subdivision: Long Beach
  • Driving Directions: From Long Beach Rd, take a right onto E Oak Island Drive. 5215 will be 2 miles down on the left.

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Structure Type: Steel Frame, Wood Frame
  • Construction: Vinyl Siding, Steel Frame, Wood Frame
  • Roof: Metal, Shingle
  • Square Feet: 5,193
  • Current Bldg. Use: Office, Mixed Use, See Remarks
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Dimensions: 71' x 129' x 70' x 118'
  • Frontage: Alley, City Street, State Road, See Remarks, Gravel, Paved, Paved
  • Zoning: OK-CB

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $173.31
  • For Sale/Rent/Lease: Sale
  • Assessment Amount: $376,490
  • Tax Amount: $2,792.96
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: L-7-9 E 1/2 6 B-250 S-N2 .20Ac Long Bch Pl 7/105
  • Property ID: 249dk011
  • Block: 105
  • Lot Number: 7-9

Listed by Southport Realty, Inc., Valerie S Earman

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Listing agent

— 5215 E Oak Island Dr # 1 —

  • Valerie S Earman

    Southport Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5215 E Oak Island Dr # 1

School District:Brunswick County Schools
NameGradesDistance
Southport Elementary
701 West 9th Street, Southport, NC 28461
K-54.6 mi
South Brunswick Middle
100 Cougar Road, Southport, NC 28461
6-87.6 mi
South Brunswick High
280 Cougar Road, Southport, NC 28461
9-127.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5215 E Oak Island Dr # 1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Price Reduced
$900,000
-18.11%
MLS
2/09/2026
Listed
$1,099,000
449.5%
MLS
2/24/2015
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5215 E Oak Island Dr # 1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,438
-32%
$376,490
30%
2021
$2,116
100%
$288,780
—
2022
-100%
$288,780
—
2020
$2,016
—
$288,780
—
2019
$2,016
9%
$288,780
12%
2017
$1,853
6%
$257,790
—
2016
$1,753
—
$257,790
—
2015
$1,753
-3%
$257,790
-11%
2014
$1,798
—
$289,660
—
2013
$1,798
—
$289,660
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5215 E Oak Island Dr # 1

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Southport Realty, Inc., Valerie S Earman

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5215 E Oak Island Drive # 1, Oak Island, NC 28465 (MLS# 100553485) is a Warehouse property. 5215 E Oak Island Drive # 1 is currently listed for $900,000 and was received on February 09, 2026. Want to learn more about 5215 E Oak Island Drive # 1? Do you have questions about finding other Warehouse real estate for sale in Oak Island? You can browse all Oak Island real estate or contact a Coldwell Banker agent to request more information.

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