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EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,929 SF
Building Class
C
Year Built
1954
Price
$1,366,606 CAD
Price Per SF
$347.83 CAD
Building Height
2 Stories
Typical Floor Size
1,965 SF
Building FAR
0.20
Lot Size
0.46 AC
Zoning
ROD - Residential Office District
Parking
6 Spaces (1.53 Spaces per 1,000 SF Leased)
AMENITIES
- Fireplace
- Security System
- Storage Space
- Air Conditioning
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5018 Oleander Dr
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