Residential Office Zone on Oleander

Office for Sale
Catylist Listing ID: 30534130
Property Subtypes: Flex Space, Office Building, Other
Building Status: Proposed
Building Size (RSF): 1,664 SF
Sale Price: $305,000
Unit Price: $183.29 PSF
Property Use Type: Investment, Business
Usable Size (USF): 1,664 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/21/2019

Overview / Comments

Incredible opportunity to purchase a home/business in the ever growing Residential Office Zone on the Oleander Corridor. This home is currently used as a residence and home-based wood carving business. The circular driveway and alley access behind the property make it ideal for conversion into a business use. Tons of permitted uses! The carport has been converted to a workshop but can be easily converted back to a garage or carport passthrough with easy access to back yard/parking. Home has hardwood floors throughout, great layout with a big picture window in the front living room/reception area. Den with a fireplace would make a great conference room! Nice porch and back deck. Walk in the basement area for storage with easy access to floor joist to see just how solid this home is! Keep as a residence with huge back yard and nice tree buffer on both sides or make it a business and take advantage of low pricing for commercial space while the Oleander Corridor becomes increasingly popular and properties with this kind of road frontage and parking spaces are so
few and far between!

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06108-006-005-000
Zoning: RO
Total Number of Buildings: 1
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,026 74,171 143,827
Median Age: 32.84 35.85 37.18
Households: 2,440 32,086 62,007

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