SOUTH CAPE REDEVELOPMENT DISTRICT

Retail-Commercial for Sale
Catylist Listing ID: 30705961
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,830 SF
Gross Land Area: 0.38 Acres
Sale Price: $600,000
Unit Price: $102.92 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/9/2021

Overview / Comments

This property is in the Downtown Redevelopment District. Located in one of the most sought out areas to start your business. South Cape is moving in a different direction from a suburban downtown to a pedestrian-friendly walkable business district. Building approx. 5,830 sq. ft. SC (South Cape Downtown District) zoning, permits a comprehensive list of uses including retail, office, medical, restaurant, bar, hotel, Multi-family.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 184524C1000520400
Zoning: SC
Retail Clientele: General, Business
Property Located Between: Miramar ST. & Cape Coral Pkwy.
Property Visibility: Excellent
Largest Nearby Street: Cape Coral Pkwy.
Feet of Frontage: 125
Site Description: This is a previous daycare/Grace Community School. Downtown Cape Coral is the original business district of the city. The Community Redevelopment Plan is to create a vibrant urban community redevelopment area that draws people of all ages to live, work, shop, dine and for entertainment.
Area Description: This property is in the Downtown Redevelopment District. Located in one of the most sought out areas to start your business.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,830 SF
Year Built: 1991
Construction/Siding: Block
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Zoning Description: This property is in the Downtown Redevelopment District. Located in one of the most sought out areas to start your business. South Cape is moving in a different direction from a suburban downtown to a pedestrian-friendly walkable business district. Building approx. 5,830 sq. ft. SC (South Cape Downtown District) zoning, permits a comprehensive list of uses including retail, office, medical, restaurant, bar, hotel, Multi-family.
In Flood Plain?: Yes
Lot Frontage: 125
Lot Depth: 130
Water Service: Municipal
Sewer Type: Municipal
Legal Description: CAPE CORAL UNIT 6 PART 3 BLK.52 PB 11 PG 77 LOTS 40 THRU 44

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,056 63,039 173,183
Median Age: 52.2 50.64 48.81
Households: 4,582 28,855 78,435

Contact

Photograph of Listing Agent

Rhonda Keane Milligan

Miloff Aubuchon Realty SWFLCA Member
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