5335 Oleander Dr Wilmington, NC 28403
MLS#: 30326428
$3,700,000

Property Information

Price
$3,700,000
Square Footage
19,803
Minimum RSF
19,803
Acres
5.70 Acres
Zoning
CB - COMMUNITY BUSINESS

Location

County
New Hanover
City
Wilmington
State
NC
Zip
28403
Longitude
-77.8598
Latitude
34.2089

Property Description

Excellent redevelopment opportunity situated along one of the busiest corridors in Wilmington. The site is approximately 5.7 acres in size and is home to the former Carmike Cinema building (approximately 20,000 sf in size). The property could potentially be combined with the adjacent property that is for sale. When combined the two sites would yield a total of approximately 8.7 acres. Additionally, there may be the opportunity for a traffic signal at the corner of the property. NCDOT has indicated a willingness to consider a full movement light to align with the intersection of Englewood Drive. The redevelopment of the property must generate sufficient trips to warrant the signal installation.

Location

No nearby properties found.
Listing Courtesy of Swain & Associates