5215 E Oak Island DR ## 1 Oak Island, NC 28465 Active

UPDATED: 03/02/2026 12:31 AM ON MARKET: 54 days on market

$1,099,000

5,193 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,193 sqft

Price per Sqft $211

Subdivision Long Beach

MLS Listing ID 100553485

Style Steel Frame,Wood Frame

HOA Y/N No

Year Built 1984

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 71' x 129' x 70' x 118'

Source Hive MLS

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.