Commercial Mixed Use

Shopping Center for Sale
Catylist Listing ID: 30838800
Property Subtypes: Mixed Use
Building Size (RSF): 9,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.70 Acres
Sale Price: $2,600,000
Unit Price: $288.89 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

Building Information:
• 6,000±SF Ground Level Commercial Floor area
• 3,000±SF (6) 1BD, 1BA | 500±SF on the upper levels of the 2-story portions
• Center has always been 100% occupied since 2003 when purchased by current owner
• Re-plumbed since purchase in 2003
• Installed underground water lines from the curb meters to the buildings
• All apartments renovated in 2005 to present
• Apartment appliances & mechanicals inspected/maintained quarterly
• All new A/C systems installed for commercial and residential in March 2023
• New Metal Roof on both 2-story buildings in 2018
• Flat roof installed in February 2023
• Strategically Located –Can Not Be Duplicated

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 264622T20030E0130
Zoning: TCG
Retail Clientele: Business, Other
Property Located Between: Periwinkle Way and Tarpon Bay Rd
Property Visibility: Excellent
Largest Nearby Street: Periwinkle Way
Traffic/Vehicle Count: 21,000
Airports: RSW
Number of Stories: 2
Year Built: 1974
Year Renovated: 2023
Parking Type: Surface
Zoning Description: TCG - Town Center General Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,173 5,200 9,084
Median Age: 62.12 64.07 67.22
Households: 614 2,692 4,977

Contact

Photograph of Listing Agent

Michael J. Frye, CCIM|CEO

RE/MAX REALTY GROUP SWFLCA Member
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