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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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Listing 100516487 , Wilmington, NC 28403
$979,000
Est. Payment: $2,175.56/mo
2 Bed
3 Bath
3579 Sqft
Status: Active | Days on site: 385
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579500121 - 579507772,579500615
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House 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 3,900 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.

Highlights

Listed by Jeffrey G Hovis , 910-512-2205 and Lisa W Wayne , 910-520-3856 Intracoastal Realty Corporation , 910-256-4503.

Property Type

Multi-Family

Lot/Acreage
0.46

Year Built

1954

County

New Hanover

Neighborhood

Piney Woods

Listing ID

100516487

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:
Appliances:Electric Oven, Refrigerator, Dishwasher
Air Cond:Central Air
Fireplaces:
Floor:Tile,Vinyl
Other:
  • Additional:Ceiling Fan(s)
Water:Public

Exterior Features

Lot:Level,Fencing: None
Lot Dimensions:100 x 200
Garage Capacity:0
Zoning:ROD
Roof:Shingle
Parking Features:Shared Driveway,Additional Parking,Off Street
Principal Interest
$2,176
Taxes
$624

Home Price

$979,000

Loan Details

30 yrs
%

Down Payment

20%
$195,800
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Monthly Price:
$2,175.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,175.56 $624.11 $0.00 $2,799.67
Yearly $26,106.67 $7,489.35 $0.00 $33,596.02
Total $783,200.00 $224,680.50 $0.00 $1,007,880.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.