Commercial Real Estate

Retail-Commercial for Sale
Catylist Listing ID: 30831408
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 10,200 SF
Gross Building Area: 6,200 SF
Gross Land Area: 20,299 SF
Sale Price: $1,300,000
Unit Price: $127.45 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 10,200 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

Great Investment opportunity! Sale price is for real estate only. Office furniture business is for sale as well. Real estate and business can be sold together or separate. It is in high visibility with a high daily traffic count area and street. Perfect for retail/showroom store front approximately 6200 sq ft and has storage/warehouse space of approximately 4000 sq ft overhang and covered space along the back of the building. Extra parking in the back. Would be perfect for a daycare or any support services as many multifamily apartment buildings are being built in the area. Can be divided into four separate units each with their own bathroom and utilities. There is roof damage from Hurricane Ian that is in the process will be completed prior to closing.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: City of Fort Myers
Tax ID/APN: 244424P30260B0030
Retail Clientele: General, Business
Property Located Between: Katherine St and Stella St
Largest Nearby Street: Fowler St
Feet of Frontage: 130
Traffic/Vehicle Count: 22,000
Highway Access: take Fowler St south and left on Colonial to highway I75
Airports: 20 mins from RSW International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,200 SF
Property Condition: Good
Year Built: 1955
Year Renovated: 1967
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block/stucco
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: parking is on both sides of the building and front of building for customers and owner or tenant has fenced parking area in the rear of building that can be accessed from both sides.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Interior Description: includes showroom, offices, restrooms and warehouse space of 4000 sq ft
Zoning Description: retail commercial with future use designated as commercial retailcorridor
Lot Frontage: 130
Lot Depth: 78
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Land Ownership: land owned by seller
Legal Description: PINEHURST ADDN TO BLK B PB 7 PG 3 LOTS 3 THRU 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,625 66,775 146,447
Median Age: 36.46 38 42.69
Households: 3,664 26,514 61,660


Photograph of Listing Agent

Sandra Varela

RE/MAX Trend
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