Listing provided courtesy of Intracoastal Realty CorporationMLS# 100516487MLS Provider
  • 365 days on site
  • 135 views

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.

Source: Hive MLS, MLS#: 100516487

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  • Property Type
    Residential Income
  • Lot
    0.46 acres

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Michelle LeFante

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  • Median Age
    30
  • Population Density
    2,948
  • College Educated
    55%
  • Estimated Median Income
    $42,700
  • Estimated Total Home Owners
    6,461
  • Estimated Total Renters
    12,021
  • Owner / Renter Divide
    35% / 65%
  • Estimated Average Household Size
    2
  • Total Population
    42,319
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 5018 Oleander Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
12/4/2025Source: Hive MLS Added to Database
December 04, 2025
12/4/2025Source: Hive MLS Added to Database
December 04, 2025

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