UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2025025137
Construction Status Resale
HOA Y/N No
Year Built 1967
Annual Tax Amount $23,000
Tax Year 2024
Lot Size 0.302 Acres
Acres 0.302
Property Sub-Type Retail
Property Description
The tenant mix includes a salon, multiple churches, a thrift store, and a thrift furniture retailer, creating a diversified income base with established local users. The portfolio generates a gross monthly rent of approximately $10,500, offering strong in-place cash flow from day one. Annual property taxes are approximately $23,000, allowing for clear expense forecasting.
All buildings feature original tar-and-gravel flat roofs, with replacement costs estimated in the $100,000–$150,000 range, presenting a transparent capital planning item and an opportunity for value enhancement through future improvements. The properties' configuration and occupancy profile make them well-suited for investors focused on steady returns, redevelopment potential, or gradual value-add strategies.
Located in a well-established commercial corridor, the portfolio benefits from strong local demand, visibility, and accessibility to surrounding neighborhoods and business districts. Whether held as a stabilized income asset or improved over time to increase rents and overall value, this multi-building commercial offering delivers scale, diversification, and income in one of Fort Myers' core areas.
Location
State FL
County Lee
Area Fm02 - Fort Myers Area
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Utilities Available Electricity Available, Other, Sewer Available, Trash Collection, Water Available
Waterfront Description None
Present Use Mixed Use
Garage No
Building
Story 1
Construction Status Resale
Others
Senior Community No
Tax ID 35-44-24-P2-00833.0050
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Billee Silva, PA, ABR SRS
Licensed Realtor | License ID: P3275278
Licensed Realtor License ID: P3275278