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$ 10,000,000
Est. payment | /mo
0.48 Acres Lot
$ 10,000,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 223017537
HOA Y/N No
Year Built 1962
Annual Tax Amount $7,935
Tax Year 2021
Lot Size 0.482 Acres
Acres 0.4817
Property Description
2203 is located directly across the street from the NEW City of Fort Myers Police and Administrative Complex.
AS IS, it generates a 5.83% CAP RATE. 93% Occupancy. OR, OWN THIS CITY BLOCK and MAKE IT WHAT YOU WANT IT TO BE. Includes an anchor tenant for a total of 13 tenants and a vacant lot. There is tremendous upside on this property located near several Fort Myers redevelopment zones and near City of Palms Park. When you can own or redevelop an entire city block, what's not to like about this investment property? Re-paving of parking lot is permitted and imminent. Seller Financing available.
AS IS, it generates a 5.83% CAP RATE. 93% Occupancy. OR, OWN THIS CITY BLOCK and MAKE IT WHAT YOU WANT IT TO BE. Includes an anchor tenant for a total of 13 tenants and a vacant lot. There is tremendous upside on this property located near several Fort Myers redevelopment zones and near City of Palms Park. When you can own or redevelop an entire city block, what's not to like about this investment property? Re-paving of parking lot is permitted and imminent. Seller Financing available.
Location
State FL
County Lee
Area Fe06 - East Fort Myers Area
Rooms
Bedroom Description NaN
Interior
Fireplace No
Exterior
Waterfront Description None
Garage No
Building
Story 1
Others
Senior Community No
Tax ID 24-44-24-P2-01806.0270
Listed by Naples Homes and Rentals Inc • Michelle Craft
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