5215 E Oak Island Dr Unit # 1, Oak Island, NC 28465

$1,099,000

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List Price
$1,099,000
Status
ACTIVE
Days on Market
168
MLS#
100553485
Subtype
Commercial Sale
Year Built
1984
Lot Size
8,276
Acres
0.19
Subdivision
Long Beach
Neighborhood
Long Beach

Property Description

5215 E Oak Island Dr presents a rare commercial investment opportunity in booming Oak Island, where commercial inventory is limited and demand continues to grow. This 5,193 SF property is being offered for the first time and features five separate units, four of which are secured under fresh leases, providing immediate and stable income. The property offers strong potential for rental growth, while the variety of unit sizes and layouts—including a 36' x 30' conditioned warehouse and a freshly remodeled residential apartment space—ensures versatile leasing options for multiple business types. Excellent road frontage, a central position on the Island, and ideal proximity to high-traffic retailers such as Publix enhance visibility and tenant demand, while rear alley access provides additional parking and efficient box-truck loading. With stable in-place income, flexible commercial spaces, and the scarcity of comparable listings in the area, this property is ideally positioned for investors seeking reliable cash flow with long-term upside in a growing, supply-constrained market.

Additional Information

Zoning
OK-CB
Flooring
Vinyl, Concrete, Tile
Heating
Electric
Roof
Metal, Shingle
Foundation
Slab
Parking Features
Private, Parking Lot, Additional Parking, Gravel, Off Street, On Site, Paved

Courtesy of Southport Realty, Inc.

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