What is the asking price for 4701-1 Oleander?

The lease rate for space here is Contact for pricing.

What is the total size of 4701-1 Oleander?

The property has a total square footage of 2,400 SF.

When was this property built?

4701-1 Oleander was built in 1965.

How many parking spaces are available at 4701-1 Oleander?

Parking information for the property isn't currently listed. However, other nearby parking options include Lot K, located 0.96 miles away , and Field Parking, which is 0.97 miles away.

4701 Oleander Dr, Wilmington, NC 28403

For Sale $525,000
Property Type Retail - Freestanding
Property Size 2,400 SF
Units 1
Lot Size 0.22 Acre
Building Class C
Year Built 1965
Date Updated Jun 30, 2026

Description

4107 Oleander Drive, Unit I is ideally situated along Oleander Drive, one of Wilmington’s most established commercial corridors and a primary connector between Downtown Wilmington, Midtown Wilmington, and Wrightsville Beach. The location benefits from significant daily traffic and serves a dense surrounding population of residents, professionals, and visitors traveling to the area’s retail, medical, and recreational destinations4107 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.

Highlights

1,694 SF Retail Condominium strategically located in Wilmington’s highly desirable Midtown commercial corridor.
Excellent 1031 Exchange or Portfolio Addition with predictable income, a strategic location, and positioning within one of Wilmington’s strongest retail submarkets.
Investment Opportunity with Tenant in Place providing immediate income and lease secured through December 2029.
Low-Maintenance Condo Ownership allowing investors to acquire a commercial asset without the responsibilities of a standalone building.
Prime Oleander Drive Location offering excellent visibility and convenient access to Downtown Wilmington, UNCW, Wrightsville Beach, and major thoroughfares.
Professionally Maintained Commercial Asset ideal for investors seeking stable cash flow and long-term appreciation potential.
Strong Surrounding Demographics with a dense mix of residential neighborhoods, retail centers, medical offices, and professional businesses driving consistent consumer traffic.