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$979,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 3,579 Sq. Ft.
  • 0.46 Acres
  • Updated 2 days ago
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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.

Full Property Details for 5018 Oleander Dr

General

  • Price: $979,000
  • Taxes: $4,675 (2024)
  • Status: Active
  • Type: Retail
  • Source: 2253
  • MLS ID: 100516272
  • Updated: 8/4/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Mixed, Retail

Interior

  • Flooring: Tile, Wood

Additional Information

  • Shared Amenities: Ramp

Parking

  • Parking Features: Shared Driveway, Gravel, Unpaved

Location

  • County: New Hanover
  • Subdivision: Seagate
  • Driving Directions: East on Oleander past long leaf park- property will be on the right.

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Propane, Heat Pump, Electric

Utilities

  • Sewer: Community Sewer, Cape Fear Public Utility Authority
  • Water: Public, Community Water
  • Utility Description: Water Available, Electricity Connected, Phone Available

Structural Information

  • Construction: Vinyl Siding
  • Basement Desc.: None
  • Roof: Shingle
  • Square Feet: 3,579
  • Current Bldg. Use: Retail
  • Year Built: 1954

Lot Features

  • Lot Size (Acres): 0.46
  • Lot Size (Sq. Ft.): 19,994
  • Lot Dimensions: 100 x 200
  • Frontage: City Street, State Road
  • Lot Features: See Remarks
  • Zoning: ROD

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $273.54
  • For Sale/Rent/Lease: Sale
  • Assessment Amount: $537,400
  • Tax Amount: $4,675.38
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: LOT 48 B Piney Woods
  • Property ID: R06108-009-001-000
  • Lot Number: 48

Listed by Intracoastal Realty Corporation, Lisa W Wayne and Intracoastal Realty Corporation, Jeffrey G Hovis

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Listing agents

— 5018 Oleander Dr —

  • Lisa W Wayne

    Intracoastal Realty Corporation

  • Jeffrey G Hovis

    Intracoastal Realty Corporation

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 5018 Oleander Dr

School District:New Hanover County Schools
NameGradesDistance
Winter Park Model Elementary
204 MacMillan Avenue, Wilmington, NC 28403
K-50.6 mi
Roland-Grise Middle School
4412 Lake Avenue, Wilmington, NC 28403
6-81 mi
John T Hoggard High
4305 Shipyard Boulevard, Wilmington, NC 28403
9-121.4 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 5018 Oleander Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/27/2025
Listed
$979,000
144.75%
MLS
10/24/2018
Sold
$400,000
—
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 5018 Oleander Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,599
-2%
$781,400
45%
2024
$4,675
3%
$537,400
—
2023
$4,541
-1%
$537,400
—
2022
$4,568
100%
$537,400
63%
2021
-100%
$330,200
—
2019
$3,478
—
$330,200
—
2017
$3,478
-9%
$330,200
-4%
2016
$3,818
32%
$344,600
27%
2015
$2,883
4%
$272,200
—
2014
$2,760
1%
$272,200
—
2013
$2,733
—
$272,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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

Get Pre-Approved

Listed by Intracoastal Realty Corporation, Lisa W Wayne and Intracoastal Realty Corporation, Jeffrey G Hovis

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5018 Oleander Drive, Wilmington, NC 28403 (MLS# 100516272) is a Retail property. 5018 Oleander Drive is currently listed for $979,000 and was received on August 04, 2026. Want to learn more about 5018 Oleander Drive? Do you have questions about finding other Retail real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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