5215 E Oak Island Drive # 1, Oak Island, NC 28465
sale
$1,099,000
|
Other
Courtesy Of Southport Realty, Inc.
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.
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Property Features
- Age: 41-50 Years Old
- Exterior Type: Vinyl Siding
- Exterior Type: Steel Frame
- Exterior Type: Wood Frame
- Floor Covering: Tile
- Floor Covering: Concrete
- Floor Covering: Lvt/lvp
- Heating System: Electric (Heating)
- Legal Description: L-7-9 E 1/2 6 B-250 S-N2 .20Ac Long Bch Pl 7/105
- MLSID: 100553485
- Roof Type: Metal
- Roof Type: Shingle
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