Bonita Springs Overlay District property

Office for Sale
Catylist Listing ID: 30346823
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 4,160 SF
Gross Building Area: See Agent
Gross Land Area: 1.70 Acres
Sale Price: $1,599,000
Unit Price: $384.38 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/24/2019

Overview / Comments

Excellent opportunity for an investor to acquire one of the few large parcels available in the highly desirable Bonita Springs Overlay District. The City of Bonita Springs is revitalizing it's downtown area and this site has outstanding
re-development potential. The property consists of 3 parcels and is at the proposed gateway to downtown . One site has a 4,160 SF multi-tenant office/flex building on it which can be owner occupied or leased out for income. A micro-brewery is a permitted use and may be an excellent fit in the existing structure. There are also two adjoining paved and fenced sites included in the sale bringing the total site size to 1.7 acres. The site has an automatic entrance gate and large pylon signage. The Special District classification of this property has recently been
expanded to include multi-family and mixed use development.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 35-47-25-B4-00208.0150
Property Visibility: Good
Highway Access: Driveway access onto Old 41 Road via Southland Drive.
Site Description: 3 parcels 1. 4,160 SF building on 15,000 SF site 2. 10441 Southland Dr. 27,289 SF paved and fenced site. 3. 10420 Southland Dr. 31,137 SF paved and fenced site.
Area Description: The site is located in the Bonita Springs Overlay District just north of the busy Old 41 Road and Bonita Beach Road intersection in the downtown redevelopment area.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,160 SF
Year Built: 1982
Roof Type: Flat
Parking Type: Surface
Parking Description: 3 paved fenced lots provide an overage of parking.
Air Conditioning: Package Unit
Zoning Description: Bonita Overlay District Existing Building and adjoining lot to the west are sub area 11 commercial/industrial flex. The south lot is area 3B highway commercial.
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,250 46,765 84,012
Median Age: 39.57 52.29 52.71
Households: 2,459 21,475 39,214


Photograph of Listing Agent

Jack Britton, CCIM

Professional Realty Consultants
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