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Our second featured listing for the month of May is this mixed-use office and residential property on Oleander Drive. It is perfectly situated near Long Leaf Park, offering great potential for both business and residential purposes. With 33,600 average daily traffic, this location ensures high visibility and accessibility.

Property Details

The property sits on 0.44 acres and includes two buildings, providing a total of 4,265 square feet of available space. The main building, with 2,665 square feet of office space, fronts Oleander Drive with 100 feet of visibility. Behind it is a two-story apartment building, approximately 1,600 square feet, featuring two separately metered apartments for additional rental income. The property is zoned RO (Residential Office), making it ideal for various uses. It also features nine parking spaces and benefits from two curb cut driveways on Oleander Drive, plus a bonus access driveway from the public alley. With planned road improvements on Oleander Drive and Pine Grove Drive slated for completion in Fall 2025, the property’s frontage visibility will be further enhanced.

office & residential

About the Area

Located in New Hanover County, this property is in a prime area of Wilmington. Oleander Drive is a bustling road with a mix of residential and commercial activity, ensuring steady foot traffic and business opportunities. Proximity to Long Leaf Park offers recreational amenities, while nearby commercial establishments provide convenience for both office tenants and residents. The ongoing infrastructure improvements will only add to the property’s appeal, making it a smart investment for the future.

Contact our agent today for more information and to schedule a viewing of this office and residential property! You can also see more info on the MLS listing here.