5018 Oleander Drive Wilmington, NC ^$ 950,000

5018 Oleander Drive

^$ 950,000

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5018 Oleander Drive

Wilmington, NC, 28403

^$ 950,000

Studio Baths0.0 Sq 3,808

Monthly Estimate*

^$ 6,636

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Studio

Commercial Property for sale in Wilmington, NC

for $950,000. This 3,808 square foot building was built in 1954 on a lot size of 0.46.

Great Investment opportunity on the Oleander Corridor. Prime location with the municipal golf course in back of property. Property has 2 buildings and an apartment. Income could be from renting buildings separately or together and from the 1 bedroom apartment with full kitchen, bath and walk in closet.Front building has been totally renovated within the past few years. A truly showcase property. Ample parking. Business is not for sale, only property. Owner of property is the business owner. They would be interested in leasing back space. If buyer wants to occupy property, ample time will need to be given to seller to vacate property.

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,567

Style

Mixed Use,Retail

Lot Size

0.46

Year Built

1954

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100371103

Features

Exterior

Lot Description See Remarks

Foundation Crawl Space

Exterior Finish Vinyl Siding

Lot 48

Lot Dimensions 100 x 200

Parking Features Dirt Gravel Shared Unpaved

Lot Acres 0.46

Lot Water Feature None

Road Type/Frontage Public (City/Cty/St)

General

Heating Heat Pump

Cooling Heat Pump

Utilities City Water Community Sewer Community Water Electricity Connected Phone Available

Possession At Closing

Roof Shingle

Water Heater Electric

Zoning ROD

HOA Amenities Ramp

New Construction No

Subdivision Piney Woods

County New Hanover

Stipulation of Sale None

Property Type G

HOA No

Terms 1031 Exchange Cash Conventional

Location See Remarks

Auction No

Tax Year 2022

Status Active

Lot Sqft 19994.00

Days on Market 440

City Limits Yes

Sub-Type Mixed Use Retail

Year Built 1954

City Wilmington

Location Type Mainland

Street Name Oleander

Interior

Basement None

Flooring Tile Wood

Attic None

* Excluded Features

List By

Lisa W Wayne

Listing Agent

Intracoastal Realty Corp

Broker

lisawayne@intracoastalrealty.com

Affordability Calculator

$7,017

Per Month

Monthly Principal & Interest: $6,636
Monthly Property Taxes: $381
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wilmington, NC

Average List Price ^$797,099

Percent of Sale Price 16%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/24/2023	$950,000		Listed Price

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5018 Oleander Drive, Wilmington, NC, 28403 is a Commercial Property for sale at $950,000 with 3,808 sqft and a lot size of 0.46. 5018 Oleander Drive is a studio with 0.0 baths and was built in 1954. The property's zip code is 28403 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5018 Oleander Drive

Commercial Property for sale in Wilmington, NC

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