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Key Details
Sold Price $5,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 34,446 sqft
Price per Sqft $145
Subdivision Acreage & Unrec
MLS Listing ID C7440177
Sold Date 06/10/21
Construction Status Financing
HOA Y/N No
Year Built 1988
Annual Tax Amount $39,292
Lot Size 3.030 Acres
Acres 3.03
Property Description
Prime location for this 29 unit Retail Shopping center. Almost fully occupied! Parking in the front and rear of building.
This building has 34,446 rentable sq ft, with only 7,000 sq ft unoccupied at this time. unit 111-115 (5000 Sq Ft) have been in place for 4
years and are on a month to month, unit 213 (1200 Sq Ft) have been in place for 4 years and are on a month to month. If you were to
purchase and rent to unrented Square footage, this would increase your cap rate to 7.99 %.
Location
State FL
County Lee
Community Acreage & Unrec
Zoning CC
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Electricity Available, Phone Available, Public
Waterfront false
Roof Type Built-Up
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Financing
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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