5215 E Oak Island Drive # 1 Unit # 1, Oak Island, NC 28465
Long Beach · Brunswick County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1984
Living Area
5,193 sq ft
Lot Size
0.19 acres
Lot Dimensions
71' x 129' x 70' x 118'
Zoning
OK-CB
Days on Market
149
MLS® Listing#
100553485
Property Features
Appliances
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Financial Details
HOA
None
Annual Taxes
$2,793
Tax year 2025
Assessed Value
$376,490
Parcel Number
249dk011
Directions
From Long Beach Rd, take a right onto E Oak Island Drive. 5215 will be 2 miles down on the left.
Affordability Calculator
$219,800
Estimated monthly payment
$5,849/mo
Principal $879,200 · Est. interest $1,226,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oak Island, NC
- $693,243
- Median Listing Price
- 86
- Median Days on Market
- 1,701
- Median Sq Ft
- $433
- Median Price / Sq Ft
- 313
- Active Listings
- This home’s price is 59% above the area median.
- Its price per sq ft is 51% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oak Island, NC.
Location
Points of Interest in Oak Island, NC
Showing the Oak Island area map.
Nearby Schools
Southport Christian School
School · 3.6 mi away
Southport Elementary School
Elementary · 4.6 mi away
Brunswick County Schools
School · 4.6 mi away
Classical Charter Schools of Southport
Elementary · 6.6 mi away
South Brunswick Middle School
Secondary · 7.6 mi away
South Brunswick High School
Secondary · 7.9 mi away
Virginia Williamson Elementary School
Elementary · 9.2 mi away
Cedar Grove Middle School
Secondary · 10.0 mi away
Brunswick County Schools
School · 10.4 mi away
Brunswick Community College Bookstore
School · 11.1 mi away
Early College High School
Secondary School · 11.1 mi away
Bolivia Elementary School
Elementary · 11.1 mi away
Supply Elementary School
Elementary · 11.5 mi away
Jesus Rivera Bultron
School · 14.2 mi away
Carolina Beach Elementary School
Elementary · 14.6 mi away
Island Montessori School
Elementary · 15.1 mi away
Town Creek Elementary School
Elementary · 15.8 mi away
Town Creek Middle School
Secondary · 15.9 mi away
Shallotte Middle School
Secondary · 16.3 mi away
North Carolina College of Theology
School · 16.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2407 W Oak Island Drive, Oak Island, NC | $775,000 | 3 | 3 | 2,504 |
| 332 NE 52nd Street, Oak Island, NC | $775,000 | 4 | 3 | 1,729 |
| 5517 9 E Beach Drive, Oak Island, NC | $775,000 | — | — | — |
| 122 NE 12th Street, Oak Island, NC | $782,500 | 4 | 4 | 2,020 |
| 116 NE 13th Street, Oak Island, NC | $784,500 | 3 | 2 | 1,481 |
| 101 NE 33rd Street, Oak Island, NC | $785,000 | 3 | 3 | 1,773 |
Moving Cost Estimate
EXIT Agents in Oak Island
Presented by: Valerie S Earman