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 layoutsincluding a 36' x 30' conditioned warehouse and a freshly remodeled residential apartment spaceensures 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.
| MLS # | 100553485 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 194 |
| Listing Provided By | Southport Realty, Inc. | Valerie S Earman |
| SQ Feet | 5,193 |
|---|---|
| Zoning | OK-CB |
| Acreage | 0.19 |
| Heating Yes / No | Yes |
|---|
| Roof | Metal, Shingle |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Vinyl Siding, Steel Frame, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Private, Parking Lot, Additional Parking, Gravel, Off Street, On Site, Paved |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 376490 |
|---|---|
| Tax Book Number | 7 |
| Tax Legal Description | L-7-9 E 1/2 6 B-250 S-N2 .20Ac Long Bch Pl 7/105 |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Brunswick |
| City | Oak Island |
| Zip Code | 28465 |
| Community Name | Long Beach |
| Listing VS Median (in Long Beach) | |
Price: $1,099,000 low | high Med: $1,099,500 sqft: 5,193 low | high Med: 3,182 $ / sqft: $212 low | high Med: $576 On site: 194 low | high Med: 132 | |
| State | NC |
|---|---|
| County | Brunswick |
| City | Oak Island |
| Zip Code | 28465 |
| Community Name | Long Beach |
| Listing VS Median (in Long Beach) | |
Price: $1,099,000 low | high Med: $1,099,500 sqft: 5,193 low | high Med: 3,182 $ / sqft: $212 low | high Med: $576 On site: 194 low | high Med: 132 | |