Retail Center on US 41 for Sale

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30475261
Property Subtypes: Strip Center
Status: Pending
Building Size (RSF): 8,484 SF
Gross Building Area: See Agent
Gross Land Area: 0.87 Acres
Sale Price: $595,000
Unit Price: $70.13 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.43%
Last Updated: 8/30/2019

Overview / Comments

The investment includes a 5-unit retail building, 1,284 SF residential rental, and a vacant commercial lot. All are adjacent to each other. Potential redevelopment opportunity!

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 264424P3013040010
Zoning: CI
Property Visibility: Excellent
Total Number of Buildings: 2
Year Built: 1957
Total Parking Spaces: 20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,854 63,083 164,072
Median Age: 38.4 39.45 42.98
Households: 4,868 26,298 69,410
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