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About This Home

This 0-bedroom, 0-bathroom single family at 5215 E Oak Island Drive unit: # 1 in Oak Island, NC is listed for $1,099,000 ($212 per sqft). Built in 1984, the home offers 5,193 sqft of living space on a 0.19 acres lot.

Agent 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.

Key Features

  • Built in 1984
  • 0.19 acre lot

Property Details

1984

Monthly Cost Estimate

$5,878/mo

20% down · 6.5% · 30 years

Principal$795
Interest$4,762
Insurance$321

Estimates only. Actual payments may vary.

Location

5215 E Oak Island Drive unit: # 1

Oak Island, NC 28465

Long Beach

Property Details

Flooring

ConcreteTileLvt/lvp

Construction

Vinyl Siding

Parking

Off StreetParking Lot

Heating

Electric (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5215 E Oak Island Drive unit: # 1 is listed at $1,099,000 ($212/sqft). The estimated monthly payment is $4,762 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 0.19 acre lot.

This property is listed by Valerie S Earman and can be reached at 5408789465 or Valerie@Southport-Realty.com.

VE

Valerie S Earman

Agent at Southport Realty, Inc.

(540) 878-9465

Listed by Southport Realty, Inc.

MLS# 100553485· Source: listhub· Updated 60 days ago

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5215 E Oak Island Drive unit: # 1, Oak Island, NC 28465

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