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Just minutes from Downtown Fort Myers, this multifamily gem in North Fort Myers presents a rare investment opportunity for investors. Encompassing two parcels, the expansive property includes a diverse portfolio of 17 units, including a five-plex, a four-bedroom caretaker unit with an attached apartment, a duplex, and five charming cottages. Renovated in 2018, these residences have undergone a comprehensive transformation, featuring new roofs, electrical systems, plumbing, septic systems, impact doors, windows, and stylish interior remodels. Property is being sold as a portfolio with 15-17 Cypress St PID: 11-44-24-01-00200.0020The property is now yielding a cap rate of 10.2%. Tenants are responsible for electricity, and a single water meter efficiently serves both parcels. Recent septic system installed - saving you peace of mind that all renovations have been made. Adding to the property's appeal, an on-site caretaker oversees day-to-day management. The property is also Section 8 approved!The surrounding area's economic vitality further enriches the investment landscape, with an average household income of $66,472 annually within a 5-mile radius. A projected annual population growth of 3.44% from 2023 to 2028 underscores the area's allure for residents and investors.North Fort Myers, situated on the picturesque Caloosahatchee River, offers a vibrant setting just 12 miles upriver from the Gulf of Mexico. Whether catering to full-time residents, part-timers, or vacationers, the city's unique waterfront ambiance and amenities make it an enticing destination. The broader Southwest Florida region surrounding Fort Myers also boasts natural beauty and diverse opportunities for outdoor activities, creating a compelling narrative for this multifamily offering. Jump at the chance to acquire a desirable multifamily investment in Southwest Florida's coastal landscape.SELLER FINANCING OFFERED: $1,850,000, $450,000 DOWN, 6% INTEREST ONLY, 5 YEAR BALLOON AMORTIZED OVER 30 YEARS.
The owner proposes reducing the lot depth to 213 ft MOL, resulting in a land area of 0.6855 acres MOL. Frontage will remain 140 ft. The building area is estimated at 1799 SF total, with "masonry block on slab." The site was an operating restaurant with water, sewer, power, and gas utilities. Alternatively, the lot depth could be extended to 255 ft MOL, resulting in a land area of 0.85 acres and a 3275 SF storage building (masonry block on slab) with only power. The asking price of the former Taco Bell, the storage building, and the 0.85 acres is $1.375 million.
G&A Restaurant Management, Inc., the Tenant, owns and operates nine KFC restaurants and a Famous Dave's Bar-B-Que in the fast-growing state of Florida. The owner of G&A Restaurant Management Inc. has been operating KFCs since 1996, nearly 30 years. Most restaurants, like the KFC in North Fort Myers, are located in southwest Florida in well-established communities with a rapidly expanding population and strong economies. This KFC in North Fort Myers is well located on US 41, a major US north-south route with nearly 230,000 residents within a 15-minute drive and 52,000 employees within a 10-minute drive. Absolute NNN Lease - No Landlord ResponsibilitiesPrice: $2,8250,000 CAP: 4.25%NOI: $120,000Rent Escalation of 10% every 5 years10 year Lease with 5 Five-Year Options
SALE INCLUDES: Total 2.33 acres in three parcels: 0.376 acres STRAP #11-44-24-00-00017.4B5A, 1.838 acres STRAP #11-44-24-00-00017.4A7A, and the eastern 5040 SF of STRAP #11-44-24-00-00017.4B20. Final area subject to survey.
LOCATED IN N. FT. MYERS FL. WITH PLENTY OF VISIBILITY, .67 ACRES WITH PLENTY OF PARKING.
THIS A TWO PROPERTY SALE. PROPERTIES ARE ADJACENT SEE MLS # 223084747, BOTH PROPERTIES COMBINED ARE BEING SOLD AS IS, TOGETHER FOR $1,295,000. Folio ID: 10161331 1100 N TAMIAMI TRAIL Folio ID:10161332 1122 N TAMIAMI TRAIL COMBINED THERE IS 208' +/- OF LINEAR FRONTAGE ON OLD BUSINESS 41(N. TAMIAMI TRAIL). COMBINED ACREAGE OF .63+/-. ZONED C-2, THIS BUILDING IS READ TO ROCK AND ROLL AS AN AUTO SALES SHOP, AUTO REPAIR OR BOTH. 4 LIFTS (2 INDOOR AND 2 OUTSIDE), COMPLETE WITH OFFICE, AND INDOOR STORAGE OR STOCK ROOM. AS A BONUS THERE IS AN OVERSIZED STORAGE SHED THAT CONVEYS. 3 BAY DOORS, HIGH TRAFFIC COUNT, GREAT VISABILTY! EXCELLENT ACCESS AND EGRESS (CORNER PROPERTY). CURRENTLY A CAR SALES BUSINESS, DEALER LICENSE WAS APPROVED AT THIS LOCATION AS WELL.CURRENT TENANT IN PLACE TILL END OF APRIL 2024 WITH BUY-OUT CLAUSE IN LEASE.LEASED FOR $3,000 MONTHLY) WHY NOT HAVE INCOME WHILE GETTING YOUR DEVELOPMENT ORDER AND PERMITS IN PLACE? BOTH PROPERTIES CURRENTLY IN USE CAR DEALERSHIP/REPAIR. LICENSED
SELLER FINANCING AVAILABLE!! Exciting opportunity to purchase prime real estate in a location with a high traffic count. Current use is open warehouse space, featuring an open 6 bay metal structure. There was some storm damage to the existing structure on the roof. The property is being sold "AS IS" so it is suggested that you do your due diligence prior to submitting your offer.This commercial property sits on .60 acres which offers plenty of space for your business.Seller will consider seller financing with large down payment. All terms will be negotiated.
Business only with great reputation and includes business name and phone number since 2002, includes 8 stations, 3 wash stations, 3 hair dryers, and one color station. PLEASE KEEP CONFIDENTIAL Most items convey, except for inventory owned by other individuals.
PLEASE DO NOT GO TO PROPERTY WITHOUT PRIOR CONFIRMED APPOINTMENTWell maintained free standing office building with long term lease in place.One tenant occupies 3 units for his Tech and PC business with a 5 year lease with 2 x 5 year options. 4th unit is occupied by a moving company head quarter. Best tenants you can wish for.
Spacious Office Condo overlooking Cape Coral Pkwy E on the second floor with large window for signage (Just above Zak's Jewelry). Lots of parking in condo owned parking lot behind the building. Corner unit. Stairs and elevator access to 2nd floor. Well maintained building. Office has a waiting area, reception area (could make a 5th office), 4 offices and a bathroom. Two of the large offices overlook Cape Coral Pkwy. Furniture is negotiable. Possible owner financing short term. Centrally located in downtown Cape Coral walking distance to lots of downtown events, restaurants, grocery store, shopping and more. Easy to show.
Well Established NAPA Auto Service + Tire Center located right on Bayshore Road. Business has been open and operating for many years!!!! Property sits on roughly 1.5 Acres of Land with 300' on Bayshore Road. Great visibility and Easy Access to Bayshore Road!!! Property is being sold with all Building improvements, Inventory, Land, and Current Existing Customer base. Storefront has roughly 2,599 sq.ft. and Workshop Bay Area is just over 1,500 sq.ft. Financial information available upon request.
The building at 6350 Bayshore Rd - North Fort Myers, FL 33917 is a great free-standing building with 4,242 sqft under air. The building was built in 1976 but completely remodeled with a limited development order permit in 2006-2007. It has amazing visibility and is located on a heavily trafficked road in a great part of town. The property is a nice cash-flowing building that has fresh paint, new offices, and new floor tiles. Hurricane shutters on all windows and doors. Large lighted pylon sign with visibility from both directions of traffic. The only landlord's responsibility is property taxes. Perfect for 1031 Exchanges. DO NOT APPROACH THE TENANT OR GO TO THE BUILDING WITHOUT AN APPOINTMENT. DRIVE BY ONLY..The current tenant has a 3-year lease with an option to renew for 2 additional years. The cap rate ranges from 5.8% (year 1) to 7% (year 5). Rent increases by 5% each year. Contact me for more information. Buyer must honor lease.
ADDITIONAL PROPERTIES TO BE SOLD AS A PACKAGE INCLUDE:4788 TRADEWINDS DRIVE - 19-46-22-T2-00400.0540 RESIDENTIAL HOME1344 JAMAICA DRIVE - 19-46-22-T2-00400.0570 DUPLEX1350 JAMAICA DRIVE - 19-46-22-T2-00400.0580 DUPLEX Don't miss this incredible investment opportunity to acquire income-producing properties on Sanibel Island. This is a once-in-a-lifetime opportunity to acquire a distinguished portfolio of properties located on and near the Gulf of Mexico. Included in this extraordinary portfolio: Four separate parcels, all within a few yards from each other. A six-unit Gulf-front hotel with unobstructed views of breathtaking sunsets. Two separate duplexes just yards away from the hotel and beach access. A residential piling home with a pool located across the street from the beach and the hotel. Imagine not just owning one, but four exclusive island parcels mere steps away from the pristine shores of the Gulf of Mexico. Seize this once-in-a-lifetime opportunity to own four slices of paradise on Sanibel Island.
A confidentiality agreement is required before information will be disclosed. Attached to supplements. Please do not disturb tenants! The building is located in Fast-growing Downtown Cape Coral and is perfect for an owner-user or investor. Three units have ten-foot overhead doors at the rear. SC zoning provides for a multitude of uses, and parking is adequate for its current use, plus plenty of street parking. Showings are by appointment only; please do not disturb tenants. Call for more information.
Check out this PRIME commercial location! This building has great visibility to Bayshore Rd which is exploding with traffic and will continue to grow with new communities in development nearby! Perfect for any business looking to capitalize on the growth of the community! There is no tenant in place so it is ready to go for you to move your business in! The building currently has two office spaces as well as a showroom and two bathrooms. There is also a large garage storage area as well as a fenced in outside storage area. Schedule your showing today!
"The property is in a marina setting."This Waterfront Office/Workshop Condo unit features a mix of office and flex space."The 3 units are built-out to high standards as office/flex space."Uses: Marine Industry businesses, Personal Office, or a "Man Cave".
Perfect for retail/showroom store front or daycare with the green space in the back and two entrances. Other ideas and options are laundromat, retail store front, convenience store and many more uses and possibilities. Extra parking in the back. Can be divided into four separate units each with their own restrooms and utilities (separate meters already there). It is in high visibility with high daily traffic count area and street. Fowler St is one of Fort Myers Commercial Corridors. It is approximately 6200 SF. New AC units. Brand new roof 2023 and freshly painted inside and out.
****PRICE IMPROVEMENT****832' BUILDING ON A .80 +/- ACRE FENCED AND BARRICADED LOT WITH 270" OF FRONTAGE ON THE WEST SIDE OF FOWLER STREET , LOT LOCATED BETWEEN CANAL AND KATHERINE STREET. LAST CURRENT USE CAR SALES. ZONED CI (COMMERCIAL INTENSIVE), CITY OF FT. MYERS. EXCELLENT ACCESS AND EGRESS,GREAT VISIBILTY FOR SIGNAGE. DEVELOPMENT POTENTIAL OF THE LOT INCLUDES : COMMERCIAL BUILDINGS, RETAIL, MEDICAL AND OTHER NECESSARY FACILITIES TO SUPPORT COMMERCIAL ACTIVITIES.
Well established turnkey operating dealership available. Operating for 35 years with only 2 owners. Sale includes 2 Parcels with a combined .9379 acres, back a jointing lot is included with purchase. STRAP 25-44-24-P4-02800.006C STRAP 25-44-24-P4-02800.006B. Profit generated monthly. Low operating expenses. Sales on average 25 cars per month. One bedroom/one bath apartment is included. Property has 3 bathrooms total. Fenced and has a car lift. Car inventory NOT included with purchase. Great opportunity and location!!!
Great investment opportunity 7% CAP with high traffic retail visibility very close to downtown Fort Myers with 90% occupancy. Seller can vacate main building or lease back. NEW Roofs! Front glass and showroom will be replaced and fully renovated 01/2024. Endless possibilities including boat sales, repair or ideal property for a fleet or vehicle related services, auto sales and repair due to proximity to downtown Fort Myers district and with tremendous redevelopment already started and permitted to start around it in the redevelopment zone, professional offices, multiple luxury high rise apartment buildings, hotels etc. Two different parcels, consisting of 3.3 total acres in the heart of Fort Myers. Includes 4 total buildings, estimating a total of 29,222 sq ft. Buildings consist of multiple garage bays, that are currently being used for mechanic service, boat detailing, auto detailing and Auto service/repair and tire retail. All buildings have been improved and recently freshly painted. Street access on five sides of the property with ample parking. Easy access to major roads such as US 41 Cleveland and Tamiami, bridges, SR 82, SR 80, Metro, Colonial & I-75Bring your best offer!
LOCATION, LOCATION AND LOCATION! LOCATED ON THE MAIN ARTERY (COLONIAL BLVD) WHICH HAS OVER 50K VEHICLES TRAVELING ON TO AND FROM FORT MYERS/CAPE CORAL. GREAT VISIBILITY OF THIS BUSINESS FROM ROADWAY. LOCATED IN PUBLIX PLAZA IN WHICH PUBLIX BRINGS IN A LARGE VOLUME OF FOOT TRAFFIC. LCOATED NEAR DR'S OFFICES AND SURGERY CENTERS WHICH BRINGS IN MORE FOOT TRAFFIC. OVER 2200 SQ FT, CORNER SPOT IN PLAZA, HIGH VISIBILITY. CURRENTLY OFFERS BREAKFAST, LUNCH AND EARLY DINNER. FULL KITCHEN WITH HOODS AND SUPPRESSION SYSTEM. BUSINESS WAS ESTABLISHED IN 2000 AND IS A STAPLE IN THIS COMMUNITY. TURN KEY OPERATION.
COMMERCIAL COMMERCIAL ,TWO ACRES WITH OFFICE BUILDING , PARKING , TENANTS ON PLACE , START TO MAKE INCOME ,.TWO LOTS COMMERCIAL
Yes it is $93 p/sf. This days market is approx. $200 p/sf on office buildings, take advantage of this opportunity. This property is 1.16 acres has 2 office buildings, 2050 & 2060 Collier Ave, plenty parking space. 2050 is two floor building approx. 4900sf, metal roof, built as executive office, first floor has 5 separate entrances, 2 bathrooms and kitchenette on first floor. Second floor has 2 bathrooms and kitchenette as well. All doors are 8ft tall with high ceilings. . 2060 is approx. 7900sf, metal roof, built as executive office and is leased to a church. The church lease ends on November 2024.
Office Space for sale.Ideally located at a signalized intersection on Colonial Boulevard and Deleon St. Excellent exposure with signage opportunity on busy Colonial Boulevard.Traffic 54,000 Cars per day Near US41 / Cleveland Ave 2 story, it can be converted as separated properties, downstairs and upstairs, with 2 different entrances. Excellent exposure Signage opportunity on busy Colonial Boulevard
Medical office space centrally located in Ft. Myers. Easy access from major arterial roads. SITE AREA Includes 103,498 square feet / 2.37 acres, 38 Surface Parking Spaces. The subject property is zoned CG
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