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4107 Oleander Dr
Wilmington, NC 28403

$525,000 USD

General Retail Condo For Sale  •  1,694 SF

Property Details

  • Property Type General Retail
  • Total Building Size 24,633 SF
  • Lot Size 2.98 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
  • Zoning CB
30 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit I Office/Retail 1,694 SF $525,000 USD
  • Unit Size: 1,694 SF
  • Condo Use: Office/Retail
  • Price: $525,000 USD
  • Sale Type: Investment
  • Price/SF: $309.92 USD
Description
1,694 SF Retail Condominium strategically located in Wilmington’s highly desirable Midtown commercial corridor.

» Investment Opportunity with Tenant in Place, providing immediate income and lease secured through December 2029.

» Prime Oleander Drive Location offering excellent visibility and convenient access to Downtown Wilmington, UNCW, Wrightsville Beach, and major thoroughfares.

» Strong Surrounding Demographics with a dense mix of residential neighborhoods, retail centers, medical offices, and professional businesses driving consistent consumer traffic.

» Professionally Maintained Commercial Asset ideal for investors seeking stable cash flow and long-term appreciation potential.

» Low-Maintenance Condo Ownership allowing investors to acquire a commercial asset without the responsibilities of a standalone building.

» Excellent 1031 Exchange or Portfolio Addition with predictable income, a strategic location, and positioning within one of Wilmington’s strongest retail submarkets.

Sale Notes
4107 Oleander Drive, Unit I presents an opportunity to acquire a 1,694-square-foot retail condominium in Wilmington’s highly desirable Midtown commercial corridor. Offered as an investment property, the condo is leased to an established tenant through December 2029, providing immediate cash flow and income stability.

Positioned along one of Wilmington’s busiest commercial thoroughfares, the property benefits from strong visibility, excellent demographics, and convenient access to Downtown Wilmington, Wrightsville Beach, and major retail and employment centers.

For investors, this offering provides the advantage of predictable rental income with a secured lease term through December 2029, minimizing near-term leasing risk while allowing for long-term appreciation in one of coastal North Carolina’s strongest commercial markets.

Whether you’re completing a 1031 exchange, expanding your commercial portfolio, or seeking a stable income-producing asset, 4107 Oleander Drive, Unit I offers the opportunity to acquire a well-located retail condo backed by an existing tenant and a proven Midtown Wilmington location.

Highlights

Well-located retail condo backed by an existing tenant and a proven Midtown Wilmington location.
The condo is leased to an established tenant through December 2029, providing immediate cash flow and income stability.
High traffic area

Property Flyers

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Wilmington International 20 min - 8.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Luke Mello 910-945-9755 Lee & Associates
Luke Mello 910-945-9755 Lee & Associates