, Wilmington, NC 28403 (MLS# 100516487)
Wilmington, NC 28403
New Listing
$979,000
Property Type:
Multi-Family
Bedrooms:
2
Baths:
3
Square Footage:
3,808
Lot Size (sq. ft.):
19,994
Status:
Active
Current Price:
$979,000
List Date:
6/30/2025
Last Modified:
6/30/2025
Description
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 3,800 square feet, ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor.
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.
More Information MLS# 100516487
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-06-29
Sub-Type: Triplex
Listing Price: 979000
Current Price: $979,000
List Price/SqFt: 257.09
Stipulation of Sale: Standard
Location Information
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Marketing City: Wilmington
Subdivision: Piney Woods
Secondary Subdivision: N/A
Remarks and Showing
Directions to Property: 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.
Sign on Property: No
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 2
SqFt - Heated (Primary): 3808
Legal and Taxes
Tax Assessed Value: 537400
Total City Real Estate Property Tax: 4675
Deed Book: 6175
Deed Page: 354
Legal: Lt 48 B Piney Woods S/D
Broker Owner: No
PID: R06108-009-001-000
Tax Identifier: R06108-009-001-000
Total Real Estate Property Taxes: 4675.38
Special Assessments: none
Tax Year: 2024
Year Built: 1954
Zoning: ROD
HOA: No
Cobra Zone: No
Elementary School: Winter Park
Middle School: Roland Grise
High School: Hoggard
Electric
# Meters: 2
Current Service Providers
Trash Provider: City of Wilmington
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Property Features
Handicap Accessible: Accessible Approach with Ramp
Attic: Access Only
Basement: None
Construction: Wood Frame
Exterior Features: None
Exterior Finish: Brick; Vinyl Siding
Fencing: None
Foundation: Crawl Space; Slab
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Leased
Green Bldg Certify: None
Green Bldg Features: None
Parking Features: Additional Parking; Off Street; Shared Driveway
Patio and Porch Features: Porch
Roof: Shingle
Lot Description: Level
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric; Propane
Water Heater: Electric
Utilities: Electricity Connected; Propane; Sewer Connected; Water Connected
Water Source: Municipal Water
Sewer: Municipal Sewer
Fireplace: None
Flooring: Tile; Vinyl
Furnished: Negotiable
Interior Features: Ceiling Fan(s)
Window Features: Thermal Windows
Laundry Location: Hookup - Dryer; Hookup - Washer
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional; VA Loan
Lease Includes: Building; Home; Land
Listing Office: Intracoastal Realty Corp
Last Updated: June - 30 - 2025
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